Liquidity Pools

The first version of Oiler links standard Uniswap V2 pools for swapping option ERC20 tokens and USDC. The option price can move between 0 and 1 and the liquidity provider has an exposure to impermanent loss (and the option price will sooner or later move towards 0 or 1 from the price at which the liquidity got initially provided.

The AMM (Automatic Market Maker) pool will trade both sides.