XRP Ledger Community Explores Options Trading Sidechain

The XRP Ledger community is exploring the development of a dedicated sidechain for options trading, inspired by the success of Hyperliquid's derivatives platform. According to NS3.AI, the initiative aims to cater to serious derivatives traders by offering American-style options with leverage up to 200x. The project faces significant challenges, including the construction of robust risk engines, ensuring liquidity concentration, and maintaining high operational uptime during periods of market stress.