Divergence is a company that offers composable crypto options, allowing users to trade, hedge, and decentralize their holdings. They provide seamless, capital-efficient, and on-chain services. Divergence has developed Spear and Shield tokens, which tokenize digital calls and puts, allowing users to claim collateral if they expire in-the-money. They also offer liquidity provision services, making market making easy by requiring only one collateral for multiple tokens. Divergence emphasizes unique features like easy trading, permissionless market creation, and limited risk for both buyers and sellers.