Diving Board Announces The Launch Of Its DeFi Options Trading Platform

Diving Board, a next-gen DeFi options trading platform, announced its official launch on Friday, October 13th. 

In a press release shared with Cryptowisser, Diving Board said it unlocks DeFi's full potential with cross-chain liquidity aggregation, advanced algorithms and machine learning (ML) insights to empower more informed and strategic trading.

Furthermore, the platform offers a user-friendly and efficient options trading experience by aggregating liquidity from protocols across major chains and presenting the data in a comprehensive UI.

Diving Board will provide services to big whales. The platform collates data from both CEXs and DEXs to help traders source the optimal price for large trades while minimizing slippage, maximizing liquidity and ensuring optimal execution.

The team added that Diving Board is now available in alpha.

While commenting on this latest development, Vinita Rathi, Founder of Diving Board and CEO of Systango, said,

“We are very excited to launch Diving Board to usher in the next generation of DeFi options trading. 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 team further explained that Space and Time, the Verifiable Compute Layer, currently powers the Diving Board platform. Space and Time’s decentralized data warehouse and full-stack zero-knowledge (ZK) developer tools will allow Diving Board to power its aggregations and algorithms with verifiable data and compute.

The launch of this platform is a big boost for the DeFi ecosystem, allowing traders to have access to a best-in-class experience for liquidity, price execution, risk management, security and user experience.

Diving Board is a decentralized exchange (DEX) aggregator that brings together liquidity from several decentralized exchanges and market makers, offering cryptocurrency traders the best price for their trades with minimal slippage and enhanced liquidity. With a focus on serving major league traders, Diving Board is committed to revolutionizing DeFi trading.

Systango specializes in digital engineering services, with expertise in Web 3, blockchain, AI, and data engineering.