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.

翻译：光观是一个永久的、无孔不入的快速解决方案交易协议。 光观使得在Uniswap v3 生态系统中的任何资产库之上的选项交易可以不受允许地进行,并试图开发一种无信托的、无许可的和可作成的选项产品,即为分散式选项市场做x*y=k自动市场制造商协议在现场交易中所做的那样的事情。