OptionBlitz

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Mar 28, 2024
   Listed on DeFiLlama

OptionBlitz is a Options protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed on Arbitrum. The codebase has been independently audited (1 report on file).

OptionBlitz is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for OptionBlitz — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

OptionBlitz is one of 7 Options protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Rysk V12, Hegic, Deri V4, and 3 more. These peer protocols collectively secure $85.6M in deposits, giving you a frame of reference for whether OptionBlitz's own TVL is at the top, middle, or tail of the category.

Rysk V12

TVL $62.6M · 24h +4.61%

Hegic

TVL $9.8M · 24h -0.02%

Deri V4

TVL $7.8M · 24h +0.27%

Hypersurface

TVL $2.7M · 24h +3.58%

GammaSwap Open Interest

TVL $1.4M · 24h +0.51%

Jasper Vault

TVL $1.3M · 24h -0.03%