Derivatives

​@BounceBit is enabling native Bitcoin derivatives without wrapped assets. Its protocol supports:$BB -backed stablecoins: Mint USD-pegged tokens collateralized by native BTCOptions markets: Trade BTC calls/puts with on-chain settlementPerpetual swaps: Leverage BTC exposure without bridgingThis unlocks sophisticated strategies for institutions while preserving Bitcoin’s security model. Unlike centralized derivatives (which carry counterparty risk), BounceBit’s are fully decentralized and non-custodial.As Bitcoin becomes a macro asset, demand for native derivatives will explode. BounceBit isn’t just adding yield — it’s building the foundation for Bitcoin’s financialization.
#BounceBitPrime #BB #bitcoin #Derivatives

​@BounceBit is enabling native Bitcoin derivatives without wrapped assets. Its protocol supports:
BTC-backed stablecoins: Mint USD-pegged tokens collateralized by native BTC
Options markets: Trade BTC calls/puts with on-chain settlement
Perpetual swaps: Leverage BTC exposure without bridging
This unlocks sophisticated strategies for institutions while preserving Bitcoin’s security model. Unlike centralized derivatives (which carry counterparty risk), BounceBit’s are fully decentralized and non-custodial.
As Bitcoin becomes a macro asset, demand for native derivatives will explode. BounceBit isn’t just adding yield — it’s building the foundation for Bitcoin’s financialization.
#BounceBitPrime #BB #bitcoin #Derivatives
$BB

Plasma founder Paul Faecks denied insider selling accusations after XPL plunged over 50%, insisting no team tokens were sold as speculation grows.

Plasma founder Paul Faecks denied accusations of insider selling after the project’s native token, $XPL , dropped by more than half its value over the weekend.  
On Thursday, Faecks rejected speculation that the team offloaded tokens into the market, stressing that investor and team allocations remain locked for three years with a one-year cliff. “No team members have sold any XPL,” he said.
Plasma officially launched its mainnet beta along with its native Plasma (XPL) token on Sept. 25. The layer-1 blockchain is designed to make stablecoin payments cheaper and faster.
Following the launch, XPL spiked to almost $1.70 on Sunday before tumbling steadily to $0.83 by Wednesday, erasing more than 50% of its value, according to TradingView data.

Community concerns and onchain investigations

Because of the dramatic drop, many community members suspected that the team may have engaged in time-weighted average price (TWAP) selling. In this algorithmic strategy, a large sell order is broken down into smaller, equally sized orders, each executed at regular time intervals. 
Community members quickly turned to onchain analysis to investigate the flows of XPL following the dump.
Independent sleuth ManaMoon pointed to movements from the Plasma team vault. The community member said that the wallet sent more than 600 million XPL tokens to exchanges in the days leading up to the launch. 
“Personally, I believe that someone was TWAP selling an excessive amount of tokens that retail buyers could not withstand,” ManaMoon wrote. 

A community member with the handle crypto_popseye blamed the team and the algorithmic trading firm Wintermute for crashing the prices. “Plasma $xpl pretty much destroyed their chart and momentum, and I hope their project fails,” he wrote.
Despite the community’s remarks, the Plasma team denied any relationship with Wintermute and said that they have the same information as the public. 
“We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services,” Faecks said. “We have the same information as the public on Wintermute’s ownership of XPL.”

Community probes ecosystem and growth tokens
After Faecks’ post, crypto_popseye responded, questioning the founder’s message. The community member accused Faecks of using wording that ruled out team sales but left the status of other token categories, like their “ecosystem and growth” tokens, unclear. 
“Pretty clear they have been sold, but you are wording your tweet to make it seem like they haven’t been sold,” the user said. 
In his post, Faecks insisted that their team is “laser-focused on building the future of money” and will not comment further.
Cointelegraph reached out to the Plasma team for comments, but did not receive a response by publication.
#Blockchain
#Cryptocurrencies
#Altcoin
#Derivatives
#Stablecoin

@BounceBit is enabling native Bitcoin derivatives without wrapped assets. Its protocol supports:
BTC-backed stablecoins: Mint USD-pegged tokens collateralized by native BTC
Options markets: Trade BTC calls/puts with on-chain settlement
Perpetual swaps: Leverage BTC exposure without bridging
This unlocks sophisticated strategies for institutions while preserving Bitcoin’s security model. Unlike centralized derivatives (which carry counterparty risk), BounceBit’s are fully decentralized and non-custodial.
As Bitcoin becomes a macro asset, demand for native derivatives will explode. BounceBit isn’t just adding yield — it’s building the foundation for Bitcoin’s financialization.
#BounceBitPrime #BB #bitcoin #Derivatives
$BB

Pyth’s latest innovation is derivatives-grade pricing feeds—delivering the complex data needed for options, futures, and structured products. Beyond spot prices, Pyth now provides:
Implied Volatility Surfaces: Critical for options pricingFunding Rate Curves: For perpetual exchanges managing leverageCorrelation Matrices: Showing asset pair co-movement
This enables protocols like Lyra and Dopex to price exotic derivatives with institutional accuracy. For institutions entering DeFi, this isn’t optional—it’s essential infrastructure.
Pyth is becoming the pricing backbone for on-chain derivatives, making it indispensable for the next wave of DeFi innovation.
#PythNetwork #Oracle #Derivatives @Pyth Network $PYTH