RT SolanaFloor (@SolanaFloor)📊Solana Data Insights: @Solana Derivatives Market Hits a New All-Time High With $65B in Monthly Trading VolumeFull breakdown by @ario_57_ 👇• Solana perpetuals hit a record $65B in October trading volume, led by activity across Jupiter, Drift, and @pacifica_fi. The week of October 6 alone posted $17.9B, the highest ever recorded.• For most of the year, trading was dominated by Jupiter and Drift, but rising activity on Pacifica reshaped the competitive structure as volume accelera ...

While derivatives-market uncertainty keeps traders uneasy, HFT firms are not slowing hiring, instead gradually shifting focus toward medium-frequency strategies and cash equities. Read for free with your email on what could move markets today https://t.co/jZo21UMDOP ...

US equities have zoomed to another banner year, but going by the derivatives market, there may not be much left in the tank https://t.co/eAAMmSFFcX ...

Market Expansion - Kraken acquired Small Exchange for $100 million, a CFTC-regulated Designated Contract Market (DCM), expanding its U_S_ derivatives market presence [1] - The acquisition positions Kraken as one of the few platforms with derivatives licenses across the U_S_, U_K_, and E_U_ [1]

Core Viewpoint - The CFTC is considering allowing stablecoins like USDT and USDC to be used as collateral in the U.S. derivatives market, marking a significant shift in regulatory policy [1][7]. Group 1: Regulatory Changes - Acting Chair Caroline D. Pham described the proposal as a "measured step" to align the CFTC's regulatory framework with modern finance [2]. - If approved, stablecoins would be accepted alongside cash and U.S. Treasurys as margin, potentially reshaping a market valued in the quadrillions [2][5]. Group 2: Background and Development - The initiative to recognize stablecoins as collateral originated from the February 2025 Crypto CEO Forum, aimed at enhancing liquidity and modernizing risk management [3]. - The proposal builds on findings from the President's Working Group on Digital Assets and recommendations from the CFTC's Global Markets Advisory Committee [3]. Group 3: Implementation and Feedback - The plan includes a pilot "sandbox" program to test tokenized non-cash assets, reflecting the CFTC's history of controlled innovation [4]. - Public comments are open until October 20, focusing on valuation standards, custody, settlement mechanics, and necessary rule amendments [4]. Group 4: Market Impact - The recent legislative changes, including the passage of the GENIUS Act, indicate a shift in Washington's approach to crypto, moving from viewing digital assets as speculative to establishing a regulatory framework [5]. - Allowing stablecoins in derivatives markets could significantly enhance their utility beyond exchanges and payments [5]. - Traders would benefit from the ability to post collateral in USDC or USDT instantly, reducing the need for fiat conversion and lowering barriers for institutional and retail investors [6]. - Analysts suggest this shift could unlock trillions in dormant crypto capital into the broader financial system [6].

Regulatory Approval - IEX received US regulatory approval to launch an options exchange [1] Market Opportunity - The new exchange aims to provide an alternative pricing model in the expanding derivatives market [1]

Regulatory Landscape - South Africa's financial watchdog is preparing new rules for the over-the-counter derivatives market [1]

Market Innovation - Injective launches the first-ever NVIDIA GPU derivative market [1] - Traders can now bet on H100 rental rates [1]

Market Regulation & Impact - India's securities regulator imposed a temporary trading ban on Jane Street [1] - The ban is raising concerns about potential volume drops in India's derivatives market [1]

Market Surveillance - Traders are monitoring India's derivatives market for unusual trading activity [1] - The scrutiny follows a ban on Jane Street Group [1]