GammaSwap · About

GammaSwap is the first on-chain perpetual options protocol that operates without synthetic assets. It allows users to create positions by borrowing liquidity from Automated Market Makers (AMMs), offering leverage on any token without relying on oracles. GammaSwap isn't an AMM itself but a collection of smart contracts that use AMM liquidity for perpetual option positions. It's compatible with any Constant Function Market Maker (CFMM) like DeltaSwap, Uniswap V2, and SushiSwap V2. DeltaSwap, created by GammaSwap Labs, is a CFMM (x*y=k) designed specifically for GammaSwap. It streams yield to minimize rate volatility and utilizes variable swap fees to enhance functionality with GammaSwap.