Siren Markets is a decentralized application used for creating, trading, and redeeming fully-collateralized options contracts for any ERC20 token on Ethereum. Siren Markets (‘SIREN’) is focused on creating a high-quality, seamless experience for sophisticated users and requires no third-party settling mechanism or order matching to complete option settlement on chain. SIREN fills a unique market niche by catering specifically to sophisticated parties interested in holding and actively trading tokenized options contracts. Unlike any other cryptocurrency options platform, SIREN has tokenized both sides of an option contract, allowing for elements of an options ecosystem that can be traded as easily as a standard ERC-20. SIREN allows for both buyers and sellers to mint, buy, and trade in and out of options positions at any time.
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