Paradigm Launches Block Options Trading on Deribit for MATIC, SOL, and XRP

05/14 06:04

Wechat scan to share

Paradigm announced on Monday that it has launched a bulk trading facility on the derivatives exchange Deribit for trading options related to mainstream altcoins (including MATIC, SOL, and XRP).

Customers can now execute bulk trades for Polygon (MATIC), Solana (SOL), and Ripple (XRP).

Paradigm also added that linear options will provide "direct correlation with the price trend of the underlying asset".

Comments

All Comments

Recommended for you

cointelegraph · 05/08 08:30

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

“Don’t do crime CRIME IS BAD xoxo from Prague,” the hackers wrote as they gave the LockBit ransomware gang a taste of their own medicine.
The Block · 05/08 07:15

Arizona becomes second US state to enact crypto reserve bill

Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday.The bill enables the integration of crypto assets into Arizona’s unclaimed property framework by establishing a crypto reserve fund.
Stephen Moore · 05/08 07:14

US banks can handle customer crypto assets held in custody, regulator confirms

StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks.
BRAYDEN LINDREA · 05/08 02:38

Binance founder CZ asked Trump to pardon money laundering conviction

Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so.
BRAYDEN LINDREA · 05/07 07:54

South Korea presidential front-runner pledges to approve Bitcoin ETFs

Korean presidential candidate Lee Jae-myung has vowed to make Korea more crypto-friendly and allow spot crypto ETFs if elected next month.
cointelegraph · 05/07 06:44

Democrats aim at Trump’s crypto profits with a 3-prong pincer move

Roughly two million wallets have bought Trump’s memecoin since its launch, according to Chainalysis, with a third having lost money on it.
The Block · 05/07 06:38

Bitcoin peaks above $97,000 as US-China talk plans put market back into 'risk-on' mode

Bitcoin rose 2.8% on Wednesday morning in Asia after U.S. and Chinese trade representatives announced plans to hold an ice-breaker meeting in Switzerland this weekend.
The Block · 05/07 06:37

Senate Democrat probes Trump's crypto ties in letter to World Liberty Financial

Senate Democrat Richard Blumenthal sent letters to World Liberty Financial and Fight Fight Fight LLC to investigate potential conflicts of interest related to President Donald Trump’s crypto activities.
EMC Labs · 05/07 04:44

Forward-looking transactions dominate the market, with over 10 billion US dollars flowing in, and BTC returns to $94,000

After revisions from February to April, with long-term capital entering the market and a redistribution of holdings completed, the market has become relatively stable internally.
Stephen Moore · 05/06 07:11

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Mashinsky pleaded guilty in December 2024 to commodities fraud and manipulating the price of CEL, earning $48 million by selling his holdings before Celsius collapsed.