Opium
Opium is a decentralized protocol for creating, settling, and trading any derivative on Ethereum.
What is Opium?
Opium is a decentralized protocol built on Ethereum for creating, settling, and trading any derivative. The platform provides traders with a trustless, transparent, and audited derivatives ecosystem, enabling users to earn yield, hedge risk, speculate, and construct custom derivative products with no coding experience required. Opium uses a governance model based on a DAO, where token holders submit votes on governance proposals. The protocol enables ownership of automated trading strategies and structured products, with users able to set their own fee structures and benefit from trading volumes.
Web3 dapps and developer tools related to Opium
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Paradex
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Opium alternatives
Explore web3 competitors and apps like Opium.
Derive
Polynomial Protocol
Typus Finance
Jones DAOApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
