Flare Brings FXRP Collateral Support to Derive for XRP Options

Today, Flare announced that FXRP is now supported as collateral on Derive, the biggest onchain options exchange in decentralized finance. This allows holders of XRP to access onchain XRP options and perpetuals using FXRP as collateral permissionless. By creating a native onchain derivatives market for XRP, the integration represents a significant