“You have this market neutral exposure, so you can ‘set and forget’ your position. You don’t need to worry about ‘Oh, the price is constantly changing.’ It’s not really reflecting the price too much,” Delta One co-founder Paul Sengh told CoinDesk in an interview. Source
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Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Options Trading
The Delta One protocol offers users an automated, low-risk way to earn yield by investing in baskets or vaults of crypto options, a type of derivative that gives the purchaser the right to buy or sell an underlying asset at a set price on a set date. Options trading has long been popular in traditional finance, but the cryptocurrency-backed version has only recently started moving beyond institutions to retail investors, partly due to the complexity. Source