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One of the largest updates to the protocol: 2022 Summary: | Opium News

One of the largest updates to the protocol:

2022 Summary:

The Opium Protocol has seen a staggering 500 million USD in traded notional in the past year;

The highly-anticipated Opium v2 was successfully launched on Arbitrum and Polygon, bringing even more functionality and flexibility for market making and arbitrage;

The protocol boasts a custom derivative constructor for altcoin and exotic options or futures, allowing for an unprecedented level of customisation;

Decentralised Order Books, built on the cutting-edge 1inch Limit Order Protocol and integrated with 1inch pathfinder, provide unparalleled efficiency and security;

The release of RFQ system v1.0 brings support for protocol-agnostic DeFi options, further expanding the possibilities of the protocol;

The protocol agnostic Dutch auctions feature, enables both users and third party smart contracts to launch auctions in order to get fair price;

The Web3 ID protocol, known as “Know Your Cat” (KYC) was also launched and released, adding an extra layer of security and compliance to the platform.

https://medium.com/opium-network/opium-protocol-2022-updates-9ec1d779c568