PsyOptions

On-chain, asset-settled American style options on Solana

Founded 2021 · $10.8M raised

Employees
1–10
Founded
2021
Business Model
B2B
Total Funding
$10.8M
Last Round
SAFEJan 2022
Rounds
1

About

PsyOptions is an American-style options protocol built on the Solana blockchain. Options are represented as SPL tokens, enabling them to be traded, transferred, or used in other DeFi protocols. The platform allows users to create, buy, and sell both American and European style options markets for assets including BTC, ETH, and DeFi governance tokens. PsyOptions raised $10.8M across four funding rounds and also entered the Decentralized Options Vault (DOV) space through its acquisition of Tap Finance. It is part of the broader PsyFi ecosystem, which serves as Solana's comprehensive DeFi platform for options trading.

Summary

PsyOptions is a Crypto & Web3 company, founded in 2021. It has raised $10.8M in total across 1 round, most recently a SAFE round in Jan 2022. Investors include Pantera Capital, Alameda Research and Cms Holdings.

Tech & App Stack

4 technologies & apps tracked

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

SAFEJan 2022

Investors

Similar Companies