Welcome to Milopt

Welcome to the official documentation for Milopt - a decentralized options exchange built on Solana.

What is Milopt?

Milopt is a decentralized options protocol enabling American-style call and put options with attestation-based quote verification. Built on Solana for high performance and low fees, Milopt provides a trustless marketplace where buyers and market makers can trade options without intermediaries.

Key Features

• American-Style Options - Exercise anytime before expiry

• CALL and PUT Options - Trade on SOL, WBTC, and other assets

• Attestation-Based Quotes - Cryptographically signed quotes with Ed25519

• Bounded Replay Protection - Advanced nonce system prevents quote replay attacks

• Real-Time Quote Delivery - WebSocket-based quote streaming

• Market Maker SDK - Easy integration for liquidity providers

Architecture

Milopt consists of three main components:

┌─────────────────┐
│   Solana        │  On-chain smart contract
│   Program       │  (Options creation & settlement)
└────────┬────────┘
         │
┌────────▼────────┐
│   Relay         │  WebSocket & NATS messaging
│   Service       │  (RFQ broadcasting & routing)
└────────┬────────┘
         │
    ┌────┴────┐
    │         │
┌───▼──┐  ┌──▼────┐
│  MM  │  │  UI   │  Market makers & User interface
│ SDK  │  │ (Web) │
└──────┘  └───────┘

Documentation Sections

Introduction

Learn about Milopt, its features, architecture, and how to get started.

Protocol

Deep dive into the smart contract architecture, option flows, and technical details.

SDK

Complete guide for market makers to integrate and provide liquidity using the MM SDK.

Community

• GitHub: github.com/Sebhatu/milopt

• Issues: Report bugs and request features on GitHub

License

MIT License