Crypto
Siren Protocol Revolutionizes Decentralized Options Trading on Ethereum
Siren is a decentralized options trading protocol built on the Ethereum blockchain that allows users to trade, mint, and hedge options using liquidity pools and on-chain settlement.
The protocol eliminates intermediaries by leveraging smart contracts, enabling permissionless and transparent derivatives trading for both retail and institutional investors in 2026.
Siren's automated market maker (AMM) model uses a constant product formula to dynamically adjust premiums based on supply, demand, and volatility.