One of the biggest unlocks for DeFi risk management? Options. Calls and puts enable risk-adjusted strategies, generate yield, and support more resilient portfolios. In traditional finance, options are central to how asset managers manage risk and target returns. In DeFi, we’re only beginning to scratch the surface. But we’re getting there. Protocols like Enzyme.Myso from @enzymefinance and @Panoptic_xyz are paving the way for fully on-chain option strategies built natively into smart contracts, without intermediaries, and with programmable execution flows. This unlocks transparency, automation if needed, and ultimately… composability. We’ve already seen early examples of this in action. From covered calls to structured yield notes, the first wave of on-chain options is here, and it’s growing. The implications are massive: more resilient portfolios, better risk-adjusted returns, and a real step toward institutional-grade DeFi. We’re building the tools for that future. And I’m excited to see others leaning in too. Curious how on-chain options work? Happy to chat.