Friktion is an options and structured products protocol on Solana. Friktion also offers portfolio and risk management tools for individuals, institutions, and DAOs. Uwe Cerron is the founder of the Friktion Labs, and the project was launched in December 2021.
Friktion offers systematic portfolio management strategies (called Volts) for on-chain assets. The protocol earns withdrawal and performance commission fees.
Currently, Friktion does not have a native token. Friktion's investors include Jump Capital, DeFiance Capital, Delphi Ventures, Sino Global Capital, and Solana Capital, among others.