Logium Review 2026: P2P Crypto Options on Ethereum

Logium is a decentralized options protocol on Ethereum. Its homepage describes it as a way to bet on whether the price of a token will rise or fall, using any ERC-20 asset available on Uniswap. DeFiLlama lists it under derivatives and shows it tracked since September 2022.

The product is built around simple, short-term predictions. Users either take an existing bet or create their own, choose a duration, and can add leverage. The winner takes the full amount staked by the opponent.

Logium states that it does not hold user assets and that all trades are peer-to-peer. It lists two audits, one of its multi-chain contracts by Certik and one of its staking contracts by Securing Biz. Its homepage shows V1 and a V2 demo, and a virtual account for practice.

The homepage does not publish a token, fee schedule, team or usage figures, and DeFiLlama shows no TVL.

Logium matches two users in a peer-to-peer agreement about a token's future price. One predicts the price will rise and the other predicts it will fall. Each bet is what the site calls an option or position on any ERC-20 asset available on Uniswap.

A bet runs for a fixed duration: 1 hour, 6 hours, 1 day, 7 days or 1 month. When the period ends, the contract settles it. The user who predicted correctly wins 100% of the opponent's bet, and the other loses their stake.

The homepage says all trades are fully transparent and executed through a decentralized contract, and that Logium does not hold users' assets. Users can also apply leverage to increase potential winnings, which raises potential losses in the same way.

Logium does not publish a fee schedule on its homepage. Users would need to check the documentation or the dApp interface before placing a bet to see any protocol fees.

On Ethereum, you should also expect network gas costs for connecting, approving and settling positions. These vary with network congestion.

The homepage says Logium does not hold user assets and that trades execute through a decentralized contract. It also says its multi-chain contracts were audited by Certik and its staking contracts by Securing Biz, and DeFiLlama lists two audits. The audit reports and any findings should be read directly, as an audit is not a guarantee.

Risks include smart-contract bugs, price-feed or settlement issues, and the possibility that a counterparty is hard to find. The homepage names no team or regulator and does not state any licence. The V2 interface is marked as a demo.

This is a leveraged, winner-takes-all betting-style product. It is intended for adults aged 18 or over, and you should check that it is legal where you live and bet responsibly, only with money you can afford to lose.

Logium is for experienced crypto users and day traders who are comfortable with leveraged, short-term price bets and self-custody wallets. Beginners can use the virtual account to learn first. It is not suited to anyone who cannot afford to lose a full stake or who wants a long-term investment product.