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Zomma Protocol Review 2026: On-Chain Options on zkSync

Zomma Protocol is an on-chain options protocol on zkSync Era and Arbitrum that lets users trade European-style calls and puts with cross margin. Its TVL is small, so liquidity and ongoing activity are the main questions.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.5/10

Mixed

Our verdict on Zomma Protocol

5.5/10

Zomma Protocol suits experienced DeFi users who want to trade European-style calls and puts on zkSync Era or Arbitrum and understand options risk. Its strengths are cross margin, a named team with derivatives experience and gas payment in ERC-20 tokens on zkSync. The main caveat is scale: TVL is only about $80,000 and the site shows a 2023-2024 copyright, so liquidity and ongoing development are uncertain. Check the audit reports and current activity before depositing.

Score breakdown

How Zomma Protocol scores

Security
5.0/10
Ease of use
6.5/10
Fees
n/a
Features
6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Zomma Protocol?

Zomma Protocol is a decentralized options platform that launched on zkSync Era and later added an Arbitrum app. DefiLlama has tracked it since May 2023 under the Options category. It presents itself as an options protocol with high capital efficiency that brings traditional options features on chain.

The product centers on European-style calls and puts, traded with cross margin. The project highlights tight spreads and the ability to pay gas in USDC or other ERC-20 tokens on zkSync. It also describes plans for staking, yield mining and settlement products.

The team section lists co-founders who previously co-founded the JOYSO exchange, plus a chief scientist who is a university mathematics and quantitative finance academic and a strategist with a long derivatives trading background. These are the project's own claims. The homepage lists ecosystem partners including Syncswap, Perpetual Protocol and ZKsync.

Activity looks small. DefiLlama shows about $80,000 in TVL and a flat seven-day change, and the homepage footer is dated 2023-2024. Anyone considering it should check recent activity in the app and docs first.

How Zomma Protocol works

Zomma is an on-chain options protocol. Traders buy or sell call and put options, which are contracts that give the right to buy or sell an asset at a set price on a set date. The options are European-style, meaning they settle at expiry rather than at any time before.

The project says it combines traditional options features with DeFi mechanics, including cross margin, where a single pool of collateral backs several positions. It claims this keeps collateral requirements minimal and capital efficiency high. The detailed pricing and liquidity model is described in the docs rather than on the homepage.

The protocol runs smart contracts on zkSync Era and Arbitrum. On zkSync, a paymaster integration lets users pay gas in tokens other than ETH. The roadmap also names staking and yield mining alongside options trading.

6 features

Key features

01

European-style options

Users can buy and sell calls and puts that settle at expiry, mirroring traditional options products.

02

Cross margin trading

Takers can trade both calls and puts with cross margin, which the project presents as a way to improve capital efficiency.

03

Tight spread pricing

The protocol says it offers minimal call and put spreads to give competitive pricing to traders.

04

Gas in ERC-20 tokens

On zkSync, a native paymaster lets users pay fees in USDC, Hold and other ERC-20 tokens instead of ETH.

05

Two-chain deployment

Separate apps run on zkSync Era and Arbitrum, with BTC and ETH options mentioned in public reporting for the Arbitrum launch.

06

Planned staking and yield

The project lists staking, yield mining and settlement products as part of its wider plan beyond options trading.

Pros and cons

What we like

  • Offers both calls and puts with cross margin, which is a more traditional options trading experience
  • Runs on two layer-2 networks, zkSync Era and Arbitrum
  • Gas can be paid in USDC or other ERC-20 tokens on zkSync through a paymaster
  • Team members are named, with stated derivatives and crypto backgrounds
  • DefiLlama lists two audits, and the project says an audit was completed
  • Docs, code repository and community channels are linked from the site

Watch out for

  • TVL is very small, at roughly $80,000, which suggests thin liquidity and limited trading activity
  • The homepage footer shows a 2023-2024 copyright, so it is unclear how actively the protocol is maintained
  • No governance token is listed, so the ZY and ZMA references in public reporting are not clearly tied to a live token
  • Audit firm names and reports are not shown in its homepage, so readers must check the docs
  • Options are complex instruments and the protocol offers no stated protection against total loss of premium or collateral
  • Only European-style options are offered, which limits flexibility compared with venues that support early exercise

Zomma Protocol fees

The homepage does not publish a fee schedule. It states that the protocol offers minimal call and put spreads, but gives no figures for trading, settlement or exercise fees.

Beyond protocol charges, users pay network gas on zkSync Era or Arbitrum. On zkSync, gas can be paid in USDC, Hold or other ERC-20 tokens through the paymaster. Exact costs are shown in the app and in the docs before you confirm a trade.

Is Zomma Protocol safe?

DefiLlama lists two audits for the protocol, and the homepage says an audit was completed, but its homepage does not name the auditors or link the reports. Review them in the docs before depositing. Smart-contract risk remains for any options protocol, including pricing errors, liquidation logic and oracle dependence.

Users keep funds in their own wallets and interact through smart contracts, so there is no centralized custodian, but collateral locked in the protocol is exposed to contract bugs. Regulatory status is not stated. The team's identities are published, which is a plus for accountability. The very low TVL and 2023-2024 copyright suggest limited recent activity, so confirm the app is still operating before using it.

6 steps

How to get started with Zomma Protocol

  1. 1

    Read the docs and terms of use on the project's website so you understand how the options and margin work.

  2. 2

    Set up an Ethereum-compatible wallet and choose either zkSync Era or Arbitrum.

  3. 3

    Bridge or transfer funds such as USDC to the chosen network.

  4. 4

    Launch the matching app and connect your wallet.

  5. 5

    Start with a small position, checking strike, expiry, premium and margin requirements before confirming.

  6. 6

    Monitor open positions and expiry dates, since European options settle only at expiry.

Who Zomma Protocol is for

Zomma is aimed at traders who already understand options and want on-chain exposure on layer-2 networks. It is less suited to beginners, to anyone who needs deep liquidity, or to users who want a protocol with clearly published fees and recent activity.

Zomma Protocol FAQs

What is Zomma Protocol?

Zomma Protocol is a DeFi options protocol. Users can buy and sell European-style call and put options on-chain, with cross margin, and the project says it also plans staking and yield mining products.

Which blockchains does Zomma Protocol support?

The protocol has apps for zkSync Era and Arbitrum. Both are Ethereum layer-2 networks, so you need a compatible wallet and funds on the chain you choose.

What does European-style options mean?

European-style options can only be exercised at expiry, not before. This is the style used in most traditional index options and keeps pricing and settlement simpler.

Can I pay gas without ETH?

The homepage says traders can pay gas in USDC, Hold and other ERC-20 tokens through zkSync's native paymaster. This applies to the zkSync app.

Has Zomma Protocol been audited?

The homepage mentions completed audits and DefiLlama lists two. The audit firm names and reports are not stated in its homepage, so check the project's docs. An audit reduces but does not remove smart-contract risk.

Is Zomma Protocol risky?

Options can expire worthless and sellers can face large losses if collateral requirements are met poorly. The protocol's TVL is also very small. Only use money you can afford to lose and read the terms of use first.

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How we checked

Sources

  1. 1.defillama.com/protocol/zomma-protocol

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