What is Opium?

Opium is a universal and robust protocol, you can create, settle and trade any derivatives. You can also hedge your own risks in the DeFi world at Opium Exchange.

What's the use of Opium?

Opium allows any oracle to be combined with any financial instrument. Each position is represented by a token, which you can trade, send or store in a cold wallet.

Opium Exchange, built on the Opium protocol, is an open trading platform that supports almost all derivatives including GAS options, the synthetic pre-market of tokens, and the latest binary options. Swap Rate is another platform built on the Opium agreement. You can speculate or hedge against interest rate fluctuations in DeFi lending.

Anyone can apply for listing of derivatives on Opium Exchange by filling out the form, or create derivatives based on the Opium protocol with just a few lines of code.

Opium Is it safe?

The latest public audit report[1] is provided by SmartDec[2].

References

[1] Audit report: https://medium.com/opium-network/the-audits-done-opium-is-legal-110bfe87999d
[2] SmartDec: https://blog.smartdec.net/opium-smart-contracts-security-analysis-4c1857cfd93f