Moret is an automatic market maker protocol for crypto option trading on the Polygon chain. This AMM offers a range of innovations, including an on-chain volatility oracle, a new constant product market maker for options, the ability to buy and sell options, a hedging mechanism for the liquidity pool to neutralize market risks and reduce impermanent loss and the integration with 1inch and Aave, as well as pseudo stablecoins supported by option trading. This set of innovative solutions powers efficient options trading strategies on an on-chain exchange, making Moret competitive with centralized exchanges, such as Deribit.