Uddhav Marwaha (Friktion Labs) on Building Durable Portfolios through DeFi (EP.340)
On The Brink with Castle Island
00:00
The Process for Launching a Volt Option on Solana
Since Solana launched in December we've traded around two and a half billion of options volume on Solana. We built this thing called channel RFQ which is essentially a request for quote venue in which any maker can come in and bid for this option through what we run. It runs on chain powered by Sierra Manselana and do this process in the concentrated window of time makers can come in bid for the options that are being traded. This allows us to have this very smooth process of trading between 50-200 million of options a week in kind of less than an hour and a half.
Play episode from 19:17
Transcript
