Key Innovations
OptiFi - BIG leap forward in DeFi
Last updated
OptiFi - BIG leap forward in DeFi
Last updated
OptiFi is the first derivatives DEX that utilizes both Cross Margin and Portfolio Margin across all financial instruments with the same underlying
Allow users to build complex strategies written on a single underlying without the burden of multiple margin requirements. Have “risk-sharing” features to “net” the overall portfolio risk to enhance capital efficiency
Liquidations happen gradually by reducing the riskiest positions first ensuring fair liquidation and pricing for all users
Leads to a smaller liquidations, lower fees and higher user returns
The first-ever Delta-neutral OMM vault created by OptiFi
It is designed to generate yield to its depositors (LPs), more importantly, to keep continuous liquidity across all financial instruments traded in OptiFi exchange
Systemic risk management and delta-hedging (through Mango) is considered to maintain safe risk limits
MM Program is designed to encourage professional market-making within OptiFi exchange
Innovative approach to promote “good” market-making practices. MM pool subscribers receive exchange fee revenue share while being subject to penalties for “bad” market-making practices