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Opium

OPIUM$0.0776
DeFi#145

Universal and robust DeFi protocol for creating, settling, and trading decentralized derivatives.

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Opium Statistics

BNB Smart Chain


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TXN
TVL
7D
30D
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today
DeFi
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Opium

Token Statistics

OPIUM


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7D
30D
USD
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About Opium


Category

Yield Farming

Insurance


What is Opium?

Opium Protocol is a universal and robust DeFi protocol that allows for creating, settling, and trading decentralized derivatives. Opium Insurance is tailored for DeFi traders. Opium insurance covers smart contract exploits, credit default events, stablecoin custodian insolvency, impermanent loss, price volatility, safety risks and off-chain risks. Opium Insurance is tradable: you can buy it or sell it as the need arises. Opium Staking is a process of providing your crypto coins to a trading strategy or market-making algorithm in return for interest. Higher APR than on lending protocols with the same risk, stake and unstake anytime in the secondary market. Opium Turbo is a product with a short expiry that gives investors highly leveraged exposure to the underlying asset. Risk-takers have a chance for high returns in a day a week, risk-hedgers can stake their crypto into a liquidity pool that covers turbo products in exchange for fees and a statistically stable return on staked funds.

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