Continuous Synthetic Forwards
Transforms passive AMM liquidity into active derivatives liquidity utilising impermanent loss and pools for hedging, pricing and settlement.Gives traders continuous Long/Short exposure to any assetNo funding rate payments so P&L comes from price movement in chosen directionCan be opened/closed intraday at any timeNo external oracles and settles directly against AMM pool pricesUnderwritten by AMM LPs using their existing liquidity positions