Vitalik Buterin’s June 1, 2026 proposal shifts DeFi synthetics from CDPs to options
On June 1, 2026, Ethereum co-founder Vitalik Buterin published a proposal outlining how DeFi synthetic assets could be rebuilt around options contracts rather than CDPs and liquidations. The design targets lower dependence on real-time price oracles and replaces sudden forced exits with user-managed option rollovers that adjust exposure more gradually as ETH moves.