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Polynomial Protocol

DeFi options and derivatives protocol enabling automated yield strategies on Optimism.

Launch Year
2022
Consensus
Proof of Stake (Optimistic Rollup)
Max Supply
Unknown
Block Time
~2 seconds
POLY
POLY
Polynomial Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap POLY Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Polynomial Protocol Price Chart

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About Polynomial Protocol

Polynomial Protocol is a DeFi options and derivatives platform built on Optimism, an Ethereum Layer 2 scaling solution. The protocol enables users to earn yield on crypto assets through automated options strategies without requiring deep derivatives trading expertise. Polynomial allows depositing assets into vault strategies that automatically execute covered call, put selling, and other yield-generating options strategies on behalf of users. The POLY token serves as the governance token enabling community control over vault strategies, fees, and protocol parameters. Polynomial's architecture abstracts away options complexity through vault automation while maintaining Optimism's low fees and fast settlement times. The platform focuses on democratizing institutional-grade options strategies for retail users. Polynomial enables yield farming through options while users maintain custody of their collateral throughout the process.

History

2022
Polynomial Protocol launches on Optimism with automated options strategies and yield vaults
2022
POLY governance token introduced; community begins voting on vault strategies and parameters
2022
Polynomial expands with multiple vault strategies including covered calls and put selling
2023
Polynomial grows TVL and user base; expands to additional assets and strategy types
2023
Protocol develops advanced options strategies and institutional integrations on Optimism

How to Swap POLY

Swapping Polynomial Protocol (POLY) on SyntheticSwap requires no account creation, registration, or KYC verification. POLY is a token on Optimism (Ethereum Layer 2) supported by all major Web3 wallets including MetaMask, Ledger, and Trust Wallet. Navigate to SyntheticSwap, select POLY as your source or destination token, input your receiving wallet address, and review the exchange rate. Send POLY to the provided deposit address, and your destination tokens will arrive directly in your specified wallet once the transaction confirms. SyntheticSwap is fully non-custodial with no account requirements.

How to Store POLY

Store POLY in MetaMask, Ledger, or any ERC-20-compatible Optimism wallet. POLY holders can stake tokens for governance voting rights and participate in protocol decisions regarding strategy management.

Frequently Asked Questions