Options Traders
Panoptic lets traders buy and sell perpetual options and combine legs into strategies. Available trades depend on the underlying AMM pool, its liquidity, valid tick ranges, and the account's collateral.
Trading on Panoptic
- Perpetual positions: Positions have no scheduled expiry, but streamia (streaming premium), borrow interest, liquidation, and forced exercise can affect how long they remain open.
- Market and strike selection: Permissionless deployment does not guarantee that every asset pair is supported by the interface. Strikes and widths follow the pool's tick grid and position-encoding constraints; sizes must satisfy liquidity and collateral checks.
- Multi-leg strategies: Combine calls, puts, loans, and credits where supported. Risk-partner configuration and the pool's RiskEngine determine collateral treatment, so a strategy label alone does not establish its margin requirement.
- Risk monitoring: Use portfolio balances, buying-power usage, price exposure, and simulations to assess a trade. A displayed maximum or a successful simulation can change before execution.
Capital efficiency
There is no single leverage limit that applies to every trade. Required collateral depends on the engine, position type, utilization, price, and the rest of the portfolio. Read the protocol parameters and collateral guide, and distinguish borrow interest from streamia.
Passive collateral lending and selling options are different activities with different exposures. Neither removes smart-contract, asset, or protocol-loss risk. See trading risks before opening a position.
Start Trading Options on Panoptic
Ready to explore the full potential of options trading? Visit our app to start trading with the flexibility, capital efficiency, and risk management you need to succeed in DeFi.
