About Panoptic
Panoptic is a perpetual options protocol built on Uniswap that enables oracle-free options trading on any token.
Panoptic launched publicly on Ethereum on December 18, 2024. Its perpetual options have no expiry date and use Uniswap liquidity for oracle-free pricing. Read the Ethereum launch announcement and protocol overview.
Panoptic v2 launched on Ethereum on June 23, 2026, bringing options, lending, borrowing, and vaults together in a unified DeFi yield platform. Read the Panoptic v2 launch announcement.
Guillaume Lambert
Founder
Guillaume is the founder of Panoptic.
Research
In 2021–2022, Guillaume published his initial Medium article series exploring Uniswap v3 liquidity positions as options, perpetual options, implied volatility, and liquidity-provider risk.
The protocol’s foundational paper, Panoptic: the perpetual, oracle-free options protocol, by Guillaume Lambert and Jesper Kristensen, was first submitted in April 2022. It describes permissionless options built on Uniswap v3 liquidity.
Articles by Guillaume
- 5,000 Uniswap LPs are on the Panoptic VIP List
- Position Spoofing Post Mortem
- Does Uniswap’s Most Traded Asset Violate Geometric Brownian Motion?
- LP Profits: Staying ‘In Range’ on Uniswap v3
- 8 Reasons to Be Bullish on Financial NFTs
- Demystifying IL, LVR, JIT, and MEV