Quick TakeThe options issuance platform Opyn recently listed a put option for lending platform Compound’s popular and volatile governance token COMP, allowing users to insure their COMP deposits against the danger of the token’s volatility.The Block conducted an analysis of the the put option in terms of potential savings in the face of adverse conditions for the token’s price, as well as it’s trading activity.Opyn shows great promise for being a viable provider of risk management tools in the volatile world of DeFi.
