SDX Overview

SDX (Solana Derivatives Exchange) is a DeFi Option Automated Market Maker (AMM) that aims to establish a new trading venue for crypto options.

On SDX, users are able to:

• Buy and sell fully-collaterized, cash settled European options, including calls, puts and vertical spread strategies.

• Arbitrage options purchased through other venues, such as PsyFinance.

• Participate as a market maker by supplying assets to AMM Pools, and earn passive yield from bid-ask spread fees and capital utilization fees.

Read more to find out why we are building SDX and how SDX works.