XRP Holders Can Trade Options on Derive With FXRP Collateral
August 17, 2026
Derive now accepts FXRP as collateral for XRP options, perpetual futures and spot trades, expanding the token’s onchain utility. The integration gives wallet users self-custodial access to hedging, premium-generating and leveraged strategies.
Key Takeaways
FXRP now collateralizes XRP options, perpetuals and spot trades.
Derive settles XRP options in USDC instead of delivering XRP.
Portfolio…