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Opium Stock

Opium

OPIUM

Price

0.03
Today +/-
+0
Today %
+0 %

Opium Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Gate.ioOPIUM/USDT0.0200816.390cex12/28/2025, 10:43 AM
LATOKENOPIUM/USDT0.030010.230cex12/27/2025, 9:45 PM
Gate.ioOPIUM/ETH0.020000cex14/8/2025, 6:32 AM
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Opium FAQ

What is Opium (OPIUM)?

Opium is an innovative platform designed for launching and trading cryptocurrency derivatives. Since its inception in May 2020, Opium has been utilizing Ethereum to operate a decentralized derivatives marketplace, open to participation by any cryptocurrency owner. The platform's objective is to democratize access to financial derivatives while leveraging the advantages of decentralization, offering traders benefits over traditional alternatives. Opium's native token, OPIUM, was introduced in January 2021 and serves multiple functions, primarily focusing on platform governance. Active users have the opportunity to participate in voting on key decisions impacting the platform's operations. Detailed information about Opium, including its market performance, is available on Eulerpool.

Who are the Founders of Opium?

Opium boasts a team that has been developing decentralized finance (DeFi) tools since 2017, introducing three key products built upon the Opium protocol. The company's CEO and co-founder is Andrey Belyakov. As a member of the Chartered Financial Analyst (CFA) Institute, Belyakov brings over 20 years of expertise in professional derivative trading and fund management, managing asset portfolios exceeding €20 million. He has actively engaged in the cryptocurrency sector since 2015. Opium's second co-founder, Arjan van der Kooij, is a Dutch entrepreneur and private investor specializing in IT and technology startups. For more information, please refer to Eulerpool.

## What Distinguishes Opium? Opium is a noteworthy entity in the realm of cryptocurrency, offering unique features and benefits that set it apart from others. With its innovative approach and distinct characteristics, Opium provides a platform that appeals to a wide array of users. For detailed insights into its current standing and detailed statistics, platforms like Eulerpool provide comprehensive data and metrics relating to Opium's market position and performance.

According to its official whitepaper, Opium aims to become the "Bloomberg of decentralized derivatives." The platform, built on the Ethereum network, enables anyone with a wallet to trade crypto derivatives and to create and launch associated contracts. Founded prior to the emergence of the DeFi movement, Opium's long-term strategy has consistently focused on attracting traders away from traditional derivatives platforms. While the introduction of Bitcoin (BTC) derivatives in the form of futures in late 2017 initially opened the doors, it took considerable time for genuine interest to grow and for derivatives to become integral to the cryptocurrency landscape. Opium seeks to accelerate this process by democratizing access. Trades conducted on the Opium platform may include an optional derivative fee, of which 90% is allocated to the creator and 10% is retained by Opium. Looking ahead, Opium plans to launch a V2 exchange, along with Layer 2 functionality designed to reduce the risk of user losses due to high Ethereum gas fees.

What Is the Circulating Supply of Opium (OPIUM) Coins?

The native token of Opium is OPIUM. Developed as an ERC-20 token on the Ethereum platform, OPIUM will be distributed following a predefined roadmap post-launch. From the total supply of 100 million tokens, 60% will be allocated to an active users fund, with users determining the quantity of tokens to be released at specified intervals. Users will also define the criteria for what constitutes an “active” user. An additional 16% of the supply will be allocated to investors and advisors, with a comprehensive two-year vesting period. The remaining 24% will be divided as follows: 14% will be allocated to the Opium team, and 10% will constitute a Governance Reserve Fund, which will be managed by users through a decentralized autonomous organization (DAO).

What Measures Ensure the Security of the Opium Network?

Opium underwent a professional independent audit of its operations conducted by SmartDec, and the results are available to the public online. SmartDec provides a disclaimer indicating that a single audit may not be sufficient to ensure the complete security of Opium's code. For everyday users, standard risks include those associated with derivatives in general. Without proper due diligence and an appropriate strategy, there is a potential to incur significant financial losses swiftly during periods of market volatility. Eulerpool offers a dedicated introduction to crypto derivatives, providing more detailed information.

Where can Opium (OPIUM) be purchased?

As of January 2021, OPIUM is not yet freely tradeable, as distribution has only recently commenced. As of January 28, 2021, OPIUM is listed on Zerion. This status is expected to evolve, and the information will be updated as the token gains support from additional exchanges. If you are new to cryptocurrency, consider reading our beginner's guide to purchasing Bitcoin or other cryptocurrencies.

Investors interested in Opium are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.