Perpetual options protocol Numoen V1.0 is now live on Arbitrum and Celo mainnets

Numoen, the permissionless decentralized options protocol, has now deployed Power Market Maker Protocol (PMMP) V1.0 on the Arbitrum and Celo mainnets with an update to the Numoen web application. Numoen is built on top of PMMP's fully autonomous, oracle-free protocol, allowing anyone to create long or short markets on any token. According to the article, PMMP is a protocol that automatically provides Power Tokens liquidity directly on the blockchain, has no manageable parameters, has no special permissions, and is non-custodial. Therefore, even though the code has been audited, it still does not guarantee the safety of funds. Foresight News previously reported that on December 9, 2022, Numoen will list Arbitrum, which will initially only support ETH and DPX, and then support a token every other day. Numoen said that Numoen Core is a new type of AMM that creates instant liquidity for crypto-native perpetual options. Numoen previously received a $5,000 grant from the Uniswap Foundation.