Antimatter is an Ethereum-based application designed to be the gateway of DeFi derivatives and financialNFTs. Antimatter aims to be a permission-less protocol where users can design and deploy various perpetual options. Options derivatives are complex financial products that are difficult to use and have high barriers to entry that often deter many users. Therefore, Antimatter introduced more accessible products based on the original derivatives ecosystem to serve users conveniently.

A contract that indicates the buyer has the right, not the obligation, to trade an underlying asset is known as an option. These options are also known as derivatives because they derive their value from an underlying asset. The project uses a hybrid staking model of PoW and PoSthat facilitates option market expansion and community satisfaction. As a multichain ecosystem, Antimatter is currently composed of four main products:

MATTER is a native utility token of the project that is used as the medium of exchange, secure mode of payment, and settlement between participants on Antimatter in a decentralized manner. The token also serves the function of rewarding the users by staking. Further, the token also provides economic benefits, distributed among those who contribute to and participate in the ecosystem on Antimatter.  MATTER is also used as a governance token for protocol DAO management for on-chain governance, including payments for submitting a proposal or voting on a proposal.

The whitepaper on Antimatter was released in April 2021. The Antimatter team includes Tekin Salimi, Do Kwon, Justin Sun, and Brian Lee.