Derive V3 rebuilds onchain options platform on ZKVM
Derive V3 rebuilds the onchain options platform as a single ZKVM application settling on Ethereum Layer 1. The redesign consolidates the options stack into one application rather than a fragmented set of modules.
- Third-party apps can plug into Derive's options liquidity via APIs and SDKs, without building their own matching engine or risk system
- The architecture could enable options to be embedded directly inside wallets
KuCoin amplified the announcement through its official X feed and blog. Derive is a leading Ethereum-based options protocol (formerly Lyra).
Sources
- #KuCoin #Blog #DeriveV3 Replying to their earlier post: Derive V3 rebuilds its onchain options platform as a single ZKVM application settling on Ethereum Layer 1. Third-party apps can plug into its options liquidity through APIs and SDKs, without building…x.com ↗
- Derive V3 rebuilds its onchain options platform as a single ZKVM application settling on Ethereum Layer 1. Third-party apps can plug into its options liquidity through APIs and SDKs, without building their own matching engine or risk system. That could put options inside wallets https://t.co/nRjHQQmsN5x.com ↗
