Opyn: Protecting Your DeFi Deposits and Hedging ETH Risk

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Into the Ether

Technology


Alexis Gauba and Aparna Krishnan, co-founder of Opyn, join the podcast to discuss their DeFi platform. Opyn allows users to hedge ETH (and other token) risks by buying or selling call/put options on chain. By leveraging this technology, those who deposit assets in DeFi can also use it to take out insurance on those deposits. Alexis and Aparna give a great overview of how Opyn works and speak to some of the very interesting use cases that it could be leveraged for in the future.