London-based decentralized options and social trading platform, OptionBlitz, is set to launch on the Ethereum Layer 2 protocol Arbitrum in February. The platform offers unique trading options such as “zero-day” and “Turbo” options. Zero-day options, which expire on the same day they are purchased, allow traders to take advantage of short-term trades. OptionBlitz also offers American and European options with maturities as low as 10 seconds, providing highly customizable trading control. Additionally, the platform features Perpetual Turbo Options, a new form of derivative that combines features of perpetual futures contracts and options. OptionBlitz aims to become the leading decentralized trading platform for options, leveraged trading, and investing, and plans to introduce decentralized managed funds and robo funds in the future. The platform will also tokenize stocks and integrate with other DeFi partners. OptionBlitz will run a two-stage BLX token presale from February 28th to March 28th, 2023. The BLX token will provide discounts on fees, boost liquidity provider rewards, and unlock exclusive features.
