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Opyn Inc. is a San Francisco decentralized finance company offering perpetual contracts and an automated market-making vault.
Founded in 2019 and headquartered in San Francisco, US, Opyn offers perpetual contracts, known as perps, through Opyn Markets, along with an automated perpetual market-making vault that earns fees from trades. Users can apply on-chain portfolio margin across perps, collateral, vaults and Uniswap liquidity pools, and revenue comes from per-trade fees. In February 2021 the company raised USD 6.7 mn in Series A funding led by Paradigm, with Dragonfly Capital Partners participating. Zubin Koticha is CEO.
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