What I like in AntiMatter Finance

3 min readFeb 24, 2021

In Jan 2021, me and one of my friends were having a discussion. We were talking about how DEX’s outperformed pretty much every other crypto investment asset class in 2020 (e.g. Uniswap, Balancer, Thor, Injective, etc.). Amidst our discussion, we quickly felt that this trend will extend to Decentralized Options platform in 2021.

One of the reasons why we think for its strong likelihood is- Not many people are educated when it comes to options. They are in their first phase- Trading. With passage of time, risk management will become an important part of their trading strategy(so I hope…) i.e. demand for options will grow with passage of time. Current Options demands are mostly institutional which have SERIOUS size(billions of dollars worth) and are often the major cause dictating the volatility in Crypto Markets(including the one 23rd of Feb,2021)

Decentralized Options Platforms and Valuations

https://www.coingecko.com/en/categories/decentralized-options

As you can see, the most prominent among the decentralized options platform is HEGIC which commands market valuation of ~$112mn

Some of the recent raises include-

Opyn raises $6.7mn in funding for their Optionsplatform.

Premia raised an astonishing~ $32mn for their recent Options Platform

Comparing and contrasting these against AntiMatter’s token raise, I can’t help but rule out an attractive growth prospect in the latter.

$MATTER UTILITY!

Amongst a host of utilities for the Matter token, the utility that I find most valuable is it entitling the traders to use its platform at DISCOUNTED rate.

The protocol fees are used to buyback MATTER.

Governance is also one of the attributes of $MATTER. Perhaps, someday we might even see a governance proposal to execute a burn followed by buyback (which is a tried and tested, super-successful model for sustainability in Centralized Exchange tokens)

Multi Infrastructural Support

Matter will support option products for- Polkadot, BSC, & HuobiEcoChain.

This presents a market opportunity that is yet to be tapped as these platforms are just rising from their nascency. Having plans for these platforms in this early phase represents a long-term strategic mindset which I really look out for in a project.

Summary

While there are many other things I could’ve expounded on, but TL;DR, AntiMatter Finance is definitely one of the projects to look out for as DeFi’s explosion continues, & we go on to eat TradFi.

Looking forward to the product launch :)