Evolution of DeFi Options - TOKEN2049 Singapore 2022
Explore the transformative landscape of Decentralized Finance (DeFi) options with Julian Koh, CEO and co-founder of Ribbon, in his insightful presentation at TOKEN2049 Singapore 2022. Julian delves into the rapid growth and evolution of crypto options markets amidst a challenging bear market. With Ethereum options hitting all-time highs, while traditional crypto trading lags, the potential for DeFi options is significant.
Julian highlights the critical innovations that Ribbon has introduced, notably the DeFi Option Vaults (DOVs), which have revolutionized the space by converting options contracts into accessible yield products for retail investors. Since their launch, these vaults have driven significant growth, pushing total notional volume beyond $10 billion in just a short span.
However, for advanced traders seeking more flexibility and control, current products fall short. This gap is where Ribbon's new offering, Avo, comes into play. As a next-generation high-performance order book-based exchange, Avo promises to attract institutional investors by providing robust margin systems and flexible trading instruments, backed by a custom scalable roll-up.
With over a hundred trading instruments and the deepest liquidity built through partnerships with major trading firms, Avo positions itself as the premier on-chain destination for trading crypto options. The strategic integration of Ribbon's vaults further strengthens this platform, creating a sustainable ecosystem poised for growth.
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