Perpetual Options,
DeFi's Volatility Layer
Deposit into curator-run vaults that harvest yield from perpetual options. No expiries, capital-efficient, fully onchain.
Powered by Uniswap liquidity.
Recent updates
Built different.
By design.
Every component engineered for the on-chain options experience that DeFi deserves.
Perpetual Options
No expiry dates. Hold positions indefinitely and manage them on your terms. Exit when you want, not when a contract says so.
Any Token
Create options markets on any asset with a Uniswap pool. Permissionless market creation — no external oracle dependencies.
Up to 10× Leverage
Capital-efficient trading with built-in risk controls. Maximize exposure without maximizing trust assumptions.
Portfolio-Aware Margining
Net positions against one another to create defined-risk strategies. Straddles, strangles, and spreads are capital-efficiently margined as a single portfolio.
Perpetual Options Vaults
Deposit into curator-managed vaults that run sophisticated options strategies on your behalf. Earn yield from volatility without active management.
Modular Risk Engines
Trade memecoins, blue chips, or stable pairs — each with a risk engine tailored to its asset class. One protocol, fit for every market.
Three roles. One protocol.
Whether you trade actively, earn passively, or manage strategies — Panoptic has a place for you.
Trade Actively
Self-directed traders deploy algorithmic and quantitative options strategies on-chain — with up to 10× leverage and full control over every position.
Earn Passively
Deposit into managed strategy vaults and earn yield from options strategies curated by expert vault managers. No active management required.
Curate Vaults
Vault managers design, deploy, and manage options strategies on behalf of depositors — earning performance fees while building reputation on-chain.
Trust the code,
not the counterparty.
Security isn't a feature — it's the foundation. Panoptic is designed to minimize trust assumptions at every layer.
Non-Custodial
Your keys, your funds. No counterparty risk — all positions settle directly on-chain.
Oracle-Free
Pricing derived from Uniswap liquidity. No external oracle dependencies or manipulation vectors.
Battle-Tested
Multiple independent security audits, formal verification, and a competitive audit program.
Public Code
Every line of smart contract code is publicly verifiable on GitHub. Transparency by default.
Launching on Ethereum.
Panoptic V2 launches on Ethereum mainnet first — where the deepest liquidity lives. Multi-chain expansion to follow.
Institutional conviction.
Questions
The options layer
DeFi was missing.
Join thousands of traders and LPs using Panoptic to trade, hedge, and earn — permissionlessly.