Opyn allows DeFi investors to hedge against volatility, hacks, and technical risks that frequently occur in the Ethereum ecosystem.
- Founded 2019
- San Francisco
- Insurance For DeFi
About Opyn Insurance
Opyn is developing an insurance protocol for decentralized finance. The Opyn insurance platform uses the Convexity protocol, which is built on the Ethereum blockchain, and allows DeFi users to create put and call options. The Convexity protocol enables users to earn premiums on their collateral and lets options buyers protect themselves against the systemic risks involved in DeFi investments.