Panoptic protocol
Total Value Locked$50,961
TVL by Chain
Ethereum$48,779
Base$1,329
Robinhood Chain$680
Unichain$173
Key Metrics
Fees 30d$5,840
Fees 30d by chain
Ethereum$5,837
Robinhood Chain$3.38
Fees 7d$1,531
Ethereum$1,530
Robinhood Chain$1.04
Fees 24h$553
Ethereum$552
Robinhood Chain$0.71
Cumulative Fees$13,278
Ethereum$13,275
Robinhood Chain$3.38
Revenue 30d$5,840
Revenue 30d by chain
Ethereum$5,837
Robinhood Chain$3.38
Revenue 7d$1,531
Ethereum$1,530
Robinhood Chain$1.04
Revenue 24h$553
Ethereum$552
Robinhood Chain$0.71
Cumulative Revenue$13,278
Ethereum$13,275
Robinhood Chain$3.38
Options Premium Volume 30d$26,676
$3,783
$250
$45,721
Options Notional Volume 30d$36.95m
$8.29m
$1.64m
$79.86m
Total Raised$11.5m
Dec 5, 2022$4.5mRound: SeedInvestors: gumi Cryptos Capital, Uniswap Labs Ventures, Coinbase Ventures, Jane Street, Blizzard Fund, Hailstone Ventures, MH Ventures
Nov 20, 2023$7mRound: Seed+Investors: Greenfield Capital, HashKey, gumi Cryptos Capital, L1 Digital, Heartcore Capital, Comma3 Ventures, Zee Prime Capital
Protocol Information
Panoptic is a DeFi protocol for trading perpetual options by replicating call and put positions using Uniswap v3/v4 liquidity, without relying on oracles or expiration dates
- Panoptic V2Options
- Panoptic V1Options
- Panoptic V1.1Options
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Options Premium Volume: Sum of value paid buying and selling options on the exchange
Options Notional Volume: Sum of the notional value of all options that have been traded on the exchange
Hacks
Date: Aug 25, 2025
Protocol: Panoptic V1.1
Amount: $0
Classification: Input Validation
Technique: Hash Collision
Chains: Base, Unichain, Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Panoptic protocol's TVL?
Panoptic protocol currently has $50,961 in total value locked. TVL has decreased 96.2% over the past 30 days.
What chains does Panoptic protocol operate on?
Panoptic protocol operates on 4 chains: Ethereum, Base, Unichain, and Robinhood Chain. Ethereum holds the largest share at 95.7%.
How much has Panoptic protocol generated in fees and revenue?
Over the past 30 days, Panoptic protocol generated $5,840 in fees. Of that, $5,840 was protocol revenue. Based on the trailing year, the annualized rate is $26,340 in fees and $26,340 in revenue.
How does Panoptic protocol's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Panoptic protocol ranks #31 by TVL. The category holds $139.73m across 70 protocols, and Panoptic protocol accounts for <0.1% of that total. Other leading protocols include Thetanuts Finance, GammaSwap Open Interest, Prodigy.Fi V2, Derive V3 Options, Hegic, Deri V4, Opyn Gamma, Ribbon Earn, SOFA.org, and Opyn Convexity.
Has Panoptic protocol ever been exploited?
Panoptic protocol has 1 recorded security incident. The most recent incident occurred on Aug 25, 2025 and involved $0. It was classified as Input Validation.

