Derive | $DRV
According to @Delphi_Digital latest report, $BTC options OI just flipped futures OI for the first time $65B.
This is an important structural shift in crypto derivatives right now, and almost nobody is talking about it.
🧵on why this matters for @DeriveXYZ
https://twitter.com/ms2capital/status/2032115735082705272

Twitter

Bitcoin at Block – the Bitcoin project of Block , the company founded by Twitter co-founder Jack Dorsey – has just announced the launch of a free Bitcoin Faucet, marking the return of the Bitcoin distribution model...

Jack Dorsey announces a $1 million project to give away free Bitcoin.

MicroStrategy founder Michael Saylor asserts that Bitcoin has won the global narrative war, specifically naming BIP- […]
The article, "Michael Saylor Warns BIP-110 is the Biggest Threat to Bitcoin; Four-Year Cycle is Dead, Institutional Capital is the Real Protagonist," was first published on BlockTempo, the most influential blockchain ABMedia media.

Michael Saylor warns that BIP-110 is the biggest threat to Bitcoin; the four-year cycle is dead, and institutional capital is the real protagonist.

Global gold and foreign exchange reserves have reached approximately $4 trillion, surpassing foreign holdings of U.S. Treasury bonds ($3.9 trillion) for the first time. This is the largest increase since 1996…
The article, titled "Gold Surpasses US Treasury Bonds for the First Time in 30 Years! Becoming the World's Largest Foreign Exchange Reserve, Why is BlockTempo Bank Asset Allocation Logic Being Rewritten?", was originally published on BlockTempo, the most influential blockchain ABMedia media.

Gold surpasses US Treasury bonds for the first time in 30 years! Becoming the world's largest foreign exchange reserve, why is central bank asset allocation logic being rewritten?

2/ CME Derivatives | $IBIT
Institutions don't use raw leverage - they need defined risk.
🔹CME crypto derivatives: +46% vs. last year's record
🔹IBIT options: surpassed $GLD in OI
🔹CME 2025 notional: $3T+
The hedging pipeline is massive, but most of it still runs through intermediaries.

3/ Onchain Perps | $HYPE and $DRV
Onchain perps went from 2% → 10%+ market share. @HyperliquidX was the catalyst.
But onchain options haven't had that moment yet.
@DeriveXYZ is the leading candidate to capture this asymmetric upside with $700M+ notional in the last 30 days.
No other onchain options protocol is close🚀