Opyn is an Ethereum based decentralized Options trading platform, which allows users to buy, sell and create Options. It is a trustless and permissionless insurance platform that protects users’ decentralized finance (DeFi) assets from risks.

Opyn doesn’t have a token yet and could potentially introduce a token in the future. Rumour has it that buying an option would make you eligible for an airdrop once they create their own token.

Step-by-Step Guide:
  1. Visit the Opyn trading page.
  2. Connect your Ethereum wallet.
  3. Buy an option.
  4. For more information regarding Opyn and options trading, see their website.
  5. There is a rumor that users who buy options on the platform will get an airdrop if they introduce their own token.
  6. Ribbon single-handedly bootstrapped liquidity on Opyn by using their tokenized options for their yield vaults, so it’s likely they may do an airdrop to Ribbon Finance users.
  7. Please note that there is no guarantee that they will do an airdrop and that they will launch their own token. It’s only speculation.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!