Key Innovations

OptiFi - BIG leap forward in DeFi
X-ray on OptiFi

Cross Margin and Portfolio Margin

  • 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

Partial Liquidations

  • 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

Derivatives OptiFi Market Maker (OMM)

  • 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

Market Maker (MM) Incentive Program

  • 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