derivatives
Every story this desk has filed under derivatives, most recent first.

Most Real-World Asset Perpetuals Now Trade Onchain
Eighty-six percent of perpetual futures volume on real-world assets is settling on decentralised venues rather than centralised ones, according to Crypto Briefing.

The CFTC Says a Wallet That Routes You to a Futures Venue Is Not a Broker
Commodity Futures Trading Commission staff issued a no-action letter extending relief to passive software providers, meaning crypto wallets and apps can connect users to regulated derivatives and prediction markets without registering as introducing brokers.

Robinhood Order Flow Is Now 17% of a Perp Exchange's Daily Volume
Lighter's token rose 13% to $4.21 and has doubled in thirty days, while perpetuals volume across the sector fell 30% in a week. The routed flow, not the sector, explains the divergence.

Bybit Is Putting Options on Top of Stock Perpetuals, Starting With a Company That Is Not Listed
From 17 September the exchange says users will be able to trade round-the-clock options on its SpaceX and Nvidia perpetual contracts, in fractional lots settled in USDT.

Arcus Turns Perp Accounts Into Tokens You Can Send to Someone Else
Robinhood Chain exchange Arcus has wrapped perpetual-futures positions into transferable ERC-20 tokens, and says tokenized stocks can sit behind the leverage as collateral.