We are excited to announce that @Gemini has received a Derivatives Clearing Organization (DCO) license from the @CFTC. This license allows us to act as a clearinghouse for regulated derivatives trading, including prediction markets. This approval follows our approval last December for a Designated Contract Market (DCM) license, which allowed us to launch Gemini Predictions. Now, with our DCO, the predictions that trade on our DCM will soon clear through our DCO. This marks a major milestone in our marketplace expansion. In addition to our crypto spot marketplace, Gemini now has a full-stack, end-to-end marketplace for predictions as well as futures, options, and more. This is also a major building block for our super app, where users will be able to fulfill their existing and future financial needs all in one place. Onward!

We're moving @Gemini ActiveTrader real-time market data processing off the main thread and into a dedicated web worker. The worker handles WebSocket message parsing and orderbook state management so that the UI thread can stay responsive even under heavy market activity. Check out these test results: -Before (main thread): ~30-40fps at 50x volume but starts deteriorating -After (web worker): ~100fps at 50x volume -Bonus: we still hit ~100fps at 500x, since the worker does the heavy lifting and sends orderbook snapshots every 50ms Overall, we've achieved a 2.5x performance improvement. In addition to the worker, we optimized the rendering pipeline by eliminating unnecessary memoization overhead, using static selectors on hot paths, and throttling visual-only components that render thrash (e.g., depth chart). Outcome: when BTC is going parabolic, you will have a UI that keeps up.