The multi-chain structured product protocol Thetanuts Finance will update to version V3 in the fourth quarter, upgrading to an on-chain options protocol

ChainCatcher message, multi-chain structured product protocol Thetanuts Finance officially announced that it is expected to launch Thetanuts Finance v3 upgrade in the fourth quarter of 2023. Thetanuts Finance will become a decentralized on-chain options protocol, allowing users to go long or short on on-chain options. The v3 architecture of Thetanuts Finance will utilize existing core vaults, AMM, and lending markets.

According to the data platform RootData, Thetanuts Finance completed a $17 million financing round led by Polychain Capital and others in April this year.