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Derivatives and Perpetuals·Lesson 23 of 31·23 min

Options and Structured Products

This lesson is for enrolled learners

The concept On-chain options protocols let users buy or sell the right (but not the obligation) to transact an asset at a set strike price before expiry — calls (right to buy) and puts (right to sell) — but the dominant retail-facing product in DeFi isn't buying individual options directly; it's vault-based strategies that package option-selling into a simple deposit-and-earn……

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