Flare: FXRP Goes Live as Derive Collateral - 13 Aug 2026

FXRP is now live as collateral on Derive, enabling XRP options, spot, and perpetual trading through Derive Portfolio Margin, according to Flare Networks.The integration extends Flare's practical DeFi utility into derivatives margin. FXRP holders gain another onchain route to hedge or express XRP exposure, while the Portfolio Margin setup connects collateral use with several trading products rather than limiting it to a single market.The launch establishes availability, but it does not by itself demonstrate how widely traders will use FXRP or whether the added access will produce a measurable market effect.XRP options are now live on Derive with ’ FXRP added as collateral.For the first time, XRPFi has access to onchain options markets built for hedging, premium generation, and structured trading.