Logo of Opyn GammaOpyn Gamma

Total Value Locked$1.16m

TVL by Chain

Ethereum$1.16m

Avalanche$760.85

Polygon$616.86

Key Metrics

Total Raised$8.86m

Jun 22, 2020$2.16mRound: SeedInvestors: Dragonfly Capital, 1kx, Version One Ventures, CoinFund, DTC Capital, Uncorrelated Ventures, A.Capital Ventures, Balaji Srinivasan, Robert Leshner, Linda Xie

Feb 3, 2021$6.7mRound: Series AInvestors: Coinbase Ventures, Dragonfly Capital, Kain Warwick, Paradigm, Stani Kulechov

Protocol Information

Options market

WebsiteX/Twitter
Category:Options

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Thetanuts Finance ($216,296)SOFA.org ($1.45m)Siren ($541,928)Pods Finance ($389,844)Opium ($78,872)Antimatter ($15,606)Stryke SSOV ($7,067)Hegic ($9.9m)Panoptic V2 ($2.16m)Ribbon Earn ($1.14m)

Frequently Asked Questions

What is Opyn Gamma's TVL?

Opyn Gamma currently has $1.16m in total value locked. TVL has increased 8.3% over the past 30 days.

What chains does Opyn Gamma operate on?

Opyn Gamma operates on 3 chains: Ethereum, Avalanche, and Polygon. Ethereum holds the largest share at 99.9%.

How does Opyn Gamma's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Opyn Gamma ranks #5 by TVL. The category holds $31.64m across 70 protocols, and Opyn Gamma accounts for 3.6% of that total. Other leading protocols include Thetanuts Finance, SOFA.org, Siren, Pods Finance, Opium, Antimatter, Stryke SSOV, Hegic, Panoptic V2, and Ribbon Earn.