Wednesday, February 19, 2025

Deribit Introduces stETH as Cross Collateral for Enhanced Trading Flexibility

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KEY TAKEAWAYS

  • Deribit integrates stETH as cross collateral, enhancing trading flexibility on its platform.
  • Users can leverage stETH for margin while retaining Ethereum staking rewards.
  • The new system requires portfolio margin users to understand updated parameters and calculations.

Deribit, a prominent cryptocurrency exchange, has announced the integration of stETH as cross collateral on its platform. This new feature allows users to utilize currencies other than the settlement currency as margin for open positions or orders on derivative products.

With this independent integration, Deribit enables stETH holders to leverage their assets across its trading suite, which includes options, futures, and perpetual contracts. By using stETH as collateral, users can maintain their staking rewards from Ethereum while actively supporting trading positions.

Benefits of the New Cross Collateral System

The introduction of stETH as cross collateral offers several advantages for traders. Users can now use stETH as margin for open positions or orders on Deribit while still receiving network staking rewards. This provides an opportunity to maximize asset utility without sacrificing staking benefits.

However, the changes from the previous system mean that portfolio margin users should familiarize themselves with the new parameters and calculations. Detailed guides are available to help users navigate these updates.

For more information about the new cross collateral system, visit the official announcement here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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