✨Announcing the Transition from V1 to V2 ✨ TL;DR GammaSwap V1 proved AMMs could be used to provide option like exposure to hedge LP positions and create leverage. However, V1 was limited by the capital efficiency of spot AMMs with stale pricing leading to continuous adverse selection. GammaSwap V2 will be a prediction market for financial assets combining a CLOB and an AMM. Betting on binary outcomes like will BTC be up or down in 5 minutes? Will BTC stay within a certain price range? Why launch binary contracts on financial assets? They are the proven retail friendly interface for option trading. No greeks. No liquidations. Higher leverage than 0DTE options. We can support the original mission of GammaSwap while targeting a larger potential user base. GammaSwap will launch the order book exchange first to support short duration crypto markets, expand to other assets and then launch the AMM. The AMM will leverage the order book to provide real time pricing and support liquidity by quoting at unique strikes and durations. More in the blog post below 👇