DeFi derivatives protocol Cega to sunset platform by end of year following acquisition
Quick Take
Cega Finance, a DeFi protocol that offers structured investments and exotic options strategies, announced it has been acquired by a “leading protocol” and will sunset its platform by the end of the year. 
The acquirer has chosen to remain private, according to Cega’s team. 
Cega, a leading on-chain exotic options and structured investment products protocol, has announced it is being acquired by a "leading platform" and will sunset its operations by the end of the year. 

Cega, which operates across Solana, Ethereum, and Ethereum Layer 2 network Arbitrum, claims to be the first to bring exotic options to DeFi with its initial Solana launch in June 2022. While regular options allow users to buy or sell an underlying asset at a specific price and time, exotic options are more customized and typically have additional conditions attached.