DIVA Protocol is a smart contract-based operating system for creating and settling derivative products in a decentralized manner. It allows users to build financial derivative applications, such as insurance, structured products, and prediction markets, without the need for traditional banking infrastructure. The platform is highly customizable, fully collateralized, and interoperable, ensuring safe and efficient operations. DIVA Protocol aims to solve issues related to centralized intermediaries in derivative markets by improving security, accessibility, and liquidity.