Opyn
Opyn is a permissionless perp trading protocol that lets anyone deploy a perp trading ecosystem for any pair of ERC-20 tokens.
What is Opyn?
Opyn is a permissionless perp trading protocol that enables anyone to deploy a perp trading ecosystem for any pair of ERC-20 tokens. The platform reimagines DeFi primitives as perps, including stablecoins, Uniswap LPs, linear perps, and gamma perps. Opyn features automated market making vaults where users can passively provide liquidity and earn fees on every perp trade. The protocol offers TradFi-level capital efficiency with on-chain portfolio margin, where all collateral assets work together as part of a portfolio. Opyn is backed by investors including Robot Ventures, 1kx, Coinbase, and Coinfund, and offers a $1,000,000 bug bounty.
Web3 dapps and developer tools related to Opyn
Discover blockchain applications that are frequently used with Opyn.
Paradex
SIR
SYMMIO
Derivio
Developer resources from Alchemy
Top 5 security strategies for DeFi wallets in 2025
Off-chain attacks caused 80.4% of 2024 crypto losses. Smart wallets offer better security, here's how.
What is x402? The payment protocol for AI agents and onchain APIs
x402 is an open protocol that embeds crypto payments into HTTP, letting AI agents pay for API calls in real time: no API keys, no subscriptions, no billing dashboards.
Building the world’s largest prediction market: Polymarket at $15.5B+
While Polymarket was scaling their business on Alchemy, our team completely rebuilt our infrastructure from the ground up to elevate our customers to the next level.
Opyn alternatives
Explore web3 competitors and apps like Opyn.
Derive
Polynomial Protocol
Dual Finance
Pods FinanceApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
