Coin Edition -
- Paradigm introduces linear altcoin options trading with a first block trade in MATIC on Deribit.
- The expansion includes MATIC, SOL, and XRP options, offering direct price movement payouts.
- The initiative is believed to mark a milestone in liquidity and access for institutional crypto derivatives trading.
Paradigm, the leading liquidity network for derivatives traders, has made a significant stride by expanding its offerings to now include linear altcoin options trading. This expansion was marked by the execution of its inaugural block trade in Polygon (MATIC) on the Deribit Exchange.
Paradigm’s strategic move into linear altcoin options trading was made possible through a strong collaboration with Galaxy, the digital asset leader, and QCP Group, the prominent digital asset market maker. The firm called attention to this development in a statement on its official X account.
Paradigm expands into linear altcoin options trading by executing its first @0xPolygon (MATIC) block trade on @DeribitExchange, facilitated by @TradeParadigm in partnership with @GalaxyHQ and @QCPgroup.a thread