Option
An option is a contract that lets you choose whether to buy or sell an asset at a set price, but you don’t have to if you don’t want to.
More terms under O
- Operating System (OS)An operating system (OS) is software that helps manage a computer's hardware and allows users to interact with it.
- Optimistic OracleAn optimistic oracle is a system that helps verify data accuracy by allowing disputes or arbitration if there are disagreements. Unlike a price-feed oracle,…
- Optimistic RollupAn optimistic rollup is a layer-2 solution that processes transactions off the main blockchain, allowing for faster and cheaper transactions while still…
- Options MarketA place where people can buy and sell options for cryptocurrencies, allowing them to choose to buy or sell at a set price by a certain date.
- Oracle Extractable Value (OEV)Oracle Extractable Value (OEV) refers to the profit that can be made by manipulating information from oracles, which are services that provide external data to…
- Oracle ManipulationOracle manipulation happens when hackers interfere with an oracle smart contract to change the information it provides, which can lead to incorrect outcomes in…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.