Token holders – be it institutional stakers or asset managers, DAO treasuries or degens – need options to speculate and to manage the risk inherent in volatile crypto markets. They require an institution-grade option primitive, a highly capital-efficient options exchange, enabling professional market makers to supply deep liquidity and competitive pricing on-chain.

Grey Swan are pragmatists: their ethos is to use blockchain where it truly matters and the performance of Web 2 cloud computing for the rest. They are pioneering a hybrid request-for-quote system, with on-chain value management, and off-chain trade matching, thereby making liquidity and prices previously only seen on off-chain exchanges accessible to on-chain customers.

Grey Swan have a working end-to-end prototype.