Deribit to Move Onchain Options to zkVM Infrastructure
- —Deribit will move onchain options to a zkVM system settling on Ethereum
- —Onchain options made up only 4.3% of Deribit's notional over 30 days
- —Derive holds 95% of onchain options premium volume
- —The upgrade promises portfolio cross-margining and better capital efficiency
Why it matters: If Deribit pulls retail flow onchain, it could accelerate the decentralized options market and challenge Derive's dominance.
Source: Coinfomania