August Milestones
➤ BitGo Off-Exchange Custody. Institutions can trade on Derive while
@BitGo holds their assets in regulated custody.
➤ Record Volumes. Traders pushed monthly notional past $2.4B and open interest to $2.7B, while one HYPE options trade reached a record $81M notional.
➤ XRP Options. We launched XRP options and added
@FlareNetworks’ FXRP as collateral across options, perps and spot.
➤ XAUT Options. We launched Derive’s first RWA market and ran a gold trading competition.
➤ PulsarX Integration. Traders can access Derive and other onchain venues through one self-custodied account.
➤ Agentic Trading. Agent Builders Cup workshop with
@_hummingbot begins.