LayerV

LayerV is an on-chain volatility layer with three surfaces: a premium market where users sell optionality through structured products, protected leverage with capped downside, and an options terminal for professional traders. The terminal runs a hybrid model, matching off-chain and settling on-chain, with a request-for-quote system for large tickets.

Margin is computed with a SPAN-based portfolio framework that nets risk across positions under worst-case scenarios, and liquidation trims only the positions needed to restore account health; option positions can be withdrawn as ERC-20 tokens and composed elsewhere. The industry reads it as an attempt to open institutional options infrastructure to on-chain users, distinct from perpetuals because premium replaces funding and forced liquidation. Execution is orchestrated and verified through Chainlink's runtime environment.