Own Protocol
A permissionless protocol for fully collateralised asset swaps, enabling synthetic exposure to any real-world asset onchain.
Last updated
A permissionless protocol for fully collateralised asset swaps, enabling synthetic exposure to any real-world asset onchain.
Last updated
In the protocol, users gain exposure to an asset’s performance by paying a floating interest rate. Liquidity providers earn this interest in exchange for offering asset exposure. As LPs are the default market makers in the protocol, they also can earn from market making. The collateralised asset swap is similar to a Total Return swap in traditional finance.
Protocol Flow:
