PsyOptions

PsyOptions

Decentralized American-style options protocol on Solana for on-chain derivatives trading.

Launch Year
2021
Consensus
Proof of History (Solana)
Max Supply
1,000,000,000 PSY
Block Time
~400ms
PSY
PSY
PsyOptions
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap PSY Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

PsyOptions Price Chart

PSY / USD
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Data by CryptoCompare

About PsyOptions

PsyOptions is a decentralized protocol on Solana for trading American-style options contracts fully on-chain. Unlike most centralized options platforms, PsyOptions creates fully collateralized, physically settled options where buyers can exercise at any time before expiry. The protocol also enables structured product creation on top of its options primitives. PSY token governs the protocol and provides fee revenue to stakers from options trading activity.

History

2021
PsyOptions protocol launches on Solana mainnet with American-style options
2021
PSY token distributes; treasury and governance DAO established
2022
PsyFinance structured products platform built on PsyOptions primitives
2022
European-style options and additional expiry options added
2023
Protocol continues as foundational options infrastructure on Solana

How to Swap PSY

Swapping PsyOptions (PSY) on SyntheticSwap requires no account or KYC verification. PSY is a Solana-native token, supported by Phantom, Solflare, Backpack, and any Solana-compatible wallet. Open SyntheticSwap, select PSY as your source or destination, enter your receiving wallet address, and confirm the displayed floating rate. Send PSY from your Solana wallet to the provided deposit address — Solana's fast block times mean your swap typically settles in seconds. The destination asset goes directly to your chosen wallet.

How to Store PSY

Store PSY in any Solana-compatible wallet. Phantom, Solflare, and Backpack support SPL tokens including PSY.

Frequently Asked Questions