Panoptic is a perpetual, oracle-free, instant-settlement options trading protocol on the Ethereum blockchain. Panoptic enables the permissionless trading of options on top of any asset pool in the Uniswap V3 ecosystem and seeks to develop a trustless, permissionless, and composable options product, i.e., do for decentralized options markets what X*Y=K automated market maker protocols did for spot trading. Offering advanced solutions for trading, liquidity provision, and risk management, the company caters to various strategies and roles in the DeFi ecosystem.