What is Opium Network?

Opium is a universal and robust protocol that allows for creating, settling, and trading decentralized derivatives on Ethereum. Opium allows combining any oracle with any financial instrument. Every position is represented by a token that can be traded, sent or stored in cold wallets. Opium Protocol is different from its competitors because by design it does not allow for on-chain tail risk (ie. unlimited losses or returns). Instead, it offers robust and universal financial primitives on-chain, whilst allowing for more advanced features (eg. order books, combined orders, market making strategies) off-chain through metatransactions. The Opium Protocol is live on Ethereum mainnet and audited by SmartDec. So far the Opium team has launched three working products built on Opium Exchange and are assisting four external independent organizations on bringing their derivatives to market using Opium Protocol.