Derive V3 Launches Onchain Options Custody on Ethereum
Derive has announced the launch of its V3 protocol, bringing onchain options custody directly to the Ethereum network.
Derive has officially launched its V3 protocol, moving its onchain options custody infrastructure to Ethereum, according to Yahoo Finance.
Onchain Options Infrastructure
Get whale alerts first
Join TelegramInstant Telegram notifications for large on-chain moves.
The protocol upgrade aims to enhance the security and transparency of options custody by leveraging Ethereum's settlement layer.
Key facts
- Derive V3 has officially gone live
- The update moves options custody onchain
- The deployment utilizes the Ethereum network
Source: news.google.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
