Market Data
About Siren
SIREN (SI) is the native utility token of the Siren protocol, a decentralized and distributed platform for creating, trading, and redeeming fully-collateralized options contracts for any ERC-20 token on Ethereum. The protocol utilizes a model-less market maker called SirenSwap AMM, which combines a constant-product bonding curve with options minting to facilitate liquidity. Within the ecosystem, both long (bToken) and short (wToken) sides of contracts are tokenized, allowing for secondary market exposure and streamlined writing mechanics without the need for external oracles.
Developer & Community
Recent Siren news
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