EthosX-KanaLabs OPerps
  • What are OPerps?
  • Getting started with OPerps
    • Trading Mechanics (Call/Put and Long/Short)
    • Premium & Payoffs
    • Settlement Cycles
      • Settlement - Calculations and Logic
    • Leverage
    • Example Walkthrough - Calculations and Logic
      • Long Call OPerps
      • Long Put OPerps
    • OPerps Interface Overview/Glossary
  • How to?
    • Connect your wallet
    • How to Buy/Sell Long and Short OPerps Tokens
    • Convert OPerps to USDC
    • Send OPerps to your Wallet
    • How to Trade Long OPerps - LCO or LPO?
  • Price Feed & Exceptions
  • FAQ - Frequently Asked Questions
  • OPerps Trading Case Studies
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On this page
  • How does it work?
  • Why use OPerps?
  • Potential for High Profit and Effortless Earnings.
  • Simple, Accessible and Straightforward.

What are OPerps?

OPerps (short for Perpetual Options) is an innovative decentralized platform designed for short-term options trading. It introduces a novel approach by integrating elements of perpetual trading from the decentralized finance (DeFi) market into traditional options trading.

How does it work?

OPerps is a derivative that involves two types of tokens used in options contracts:

  • Long OPerps token: Holders of this token take leveraged positions on market price movements and pay a fixed 50% fee to Short OPerps holders each cycle.

  • Short OPerps token: Holders of this token earn fees for enabling the leveraged trades of Long OPerps holders. If the Long OPerps holders' market predictions are correct, Short OPerps holders pay them the profits.

OPerps operates on a Pool vs. Pool model. This setup allows Long OPerps holders to gain leveraged returns if their market predictions succeed, while Short OPerps holders receive steady premiums each cycle. To engage in trading on the platform, you will need USDC tokens for transactions, as well as BNB tokens on the Binance Chain or ETH tokens on the Arbitrum chain to cover gas fees.

Why use OPerps?

Operps is a unique platform that allows traders to engage in ultra-fast trading by providing the opportunity to capitalize on short-term price changes and maximize profits through high leverage or earning by providing liquidity.

Potential for High Profit and Effortless Earnings.

Long OPerps token holders can take advantage of high leverage, potentially leading to substantial gains from even minor price movements. Some examples showcase leverage of over 7000x! Traders have witnessed returns exceeding 1000% within a single 5-minute cycle. Even minor price fluctuations under 1% can lead to returns surpassing 200%!

Short OPerps token holders can effortlessly earn profits by providing liquidity. Receive a 50% premium every hour, deposited directly into your wallet. With minimal oversight required for Short OPerps, you can focus on other strategies, generating passive income.

Simple, Accessible and Straightforward.

Operps' intuitive platform enables rapid trade execution, giving traders the ability to react swiftly to changing market conditions. With a minimum starting amount of $0.25, platform is accessible to traders of all levels, regardless of their budget.

Operps follows a clear concept where users buy Long Calls for rising prices and Long Puts for falling prices, making it easy to understand and implement various trading strategies. The platform's 5-minute trading cycles* and adaptable entry/exit points cater to a diverse array of trading preferences and styles.

NextGetting started with OPerps

Last updated 3 months ago