Press Releases
October 13, 2023

Diving Board Launches DeFi Options Trading Platform Built on Verifiable Compute Layer

In Brief

Diving Board aims to unlock the potential of DeFi through cross-chain liquidity aggregation, advanced algorithms and ML insights.

Diving Board Launches DeFi Options Trading Platform Built on Verifiable Compute Layer

Diving Board, a DeFi options trading platform, officially announced its launch today. The platform aims to unlock the full potential of DeFi through cross-chain liquidity aggregation, advanced algorithms and machine learning insights, facilitating more informed and strategic trading.

Diving Board plans to simplify options trading by consolidating liquidity from protocols across major blockchains and presenting this data through a comprehensive user interface. Catering to institutional traders, the platform sources optimal prices for large trades while reducing slippage, enhancing liquidity and ensuring efficient execution by gathering data from both centralized exchanges (CEXs) and decentralized exchanges (DEXs).

“We are very excited to launch Diving Board to usher in the next generation of DeFi options trading,” said Vinita Rathi, Founder of Diving Board and CEO of Systango. “Options are incredibly data-driven, and it’s paramount that the data powering our platform is accurate and tamper-proof. We’ve built Diving Board on Space and Time’s verifiable compute layer to power more informed and strategic trading for our users.”

The alpha version of Diving Board is now available. Central to this launch is Space and Time, the Verifiable Compute Layer powering the Diving Board platform.

Space and Time’s decentralized data repository and comprehensive zero-knowledge (ZK) developer tools empower Diving Board to underpin its aggregations and algorithms with verifiable data and computations. The company believes that the launch marks a significant advancement in the DeFi landscape, providing institutional traders with an outstanding experience in terms of liquidity, price execution, risk management, security, and user interface.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

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Victor Dey
Victor Dey

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

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