BTC
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1.19%ETH
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2.34%USDT
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4.93%BNB
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1.03%SOL
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5.83%USDC
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0.00%DOGE
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0.99%TRX
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1.53%Iscrizione
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Siren
$0.004893
1.91%
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About Siren
SIREN is a distributed protocol for creating, trading, and redeeming fully-collateralized options contracts for any ERC-20 token on Ethereum. Siren uses a fully-collateralized approach to writing options that don’t require any oracles to function.
A single MarketsRegistry contract creates and coordinates individual markets. Once a Market contract is created anyone can interact with it in a permissionless manner. The solvency of a position is ensured at all times by the collateral locked in the smart contract.