What Is a Use Case for ERC-1155 in Tokenized Options Trading?
ERC-1155 can represent both the fungible option contract (e.g. all Call options for a specific strike price and expiry) and the unique underlying collateral. The option itself is fungible until it is exercised or expires.
This standard allows a protocol to manage all its option markets and collateral from a single, efficient contract, streamlining the creation and settlement of derivatives.