PsyOptions is a Solana blockchain-based options protocol. Because options are represented as SPL Tokens, they can be traded on any DEX that accepts them. PsyOptions V1 is 100% collateralized, asset settled, and supports covered calls and secured puts. PsyOptions gives DeFi a TradFi feel with its decentralized, permissionless, and community-owned financial services platform. Their vision is to become the de facto on-chain financial services platform for DeFi users worldwide.