According to Odaily, decentralized options platform Opyn has announced plans to launch a perpetual contract protocol, Opyn Markets. The platform will support any asset and offer linear, stable, and option-like perpetual contracts. The landing page for Opyn Markets is set to go live on July 1st.
Earlier in March, Opyn announced its intention to launch a perpetual contract protocol. The protocol is reported to include four basic Perps: 0-Perps, 1-Perps, 0.5-Perps, and 2-Perps, which can be traded on any asset. The 0-Perps will unlock five features: stablecoin, lending, leveraged trading, interest rate trading stablecoin, and the purchase of ERC20.
The introduction of these features is expected to enhance the functionality and versatility of the platform, providing users with a wider range of trading options. This move is seen as a significant step forward in the development of decentralized finance, offering more flexibility and options for traders and investors alike.