Resolving liquidity matrix...
Fees, liquidity, product flags, margin, RFQ, and editorial volume. Fit score is a research model, not a safety or “best broker” ranking. Derive scores higher on the research-model fit (76 vs 74). OptionsMatch does not open accounts.
Trade hops use tracked /go links. We may earn a commission at no extra cost to you. OptionsMatch does not open accounts. We may earn a commission.
| Metric | Paradigm Institutional crypto options RFQ / block liquidity | Derive On-chain options with long-dated + HYPE strength |
|---|---|---|
| Fit scoreresearch model | 74 | 76 |
| Fit /10research model | 7.4 | 7.6 |
| Liquidityresearch model | 72 | 70 |
| Cost scoreresearch model | 68 | 76 |
| Product depthresearch model | 88 | 80 |
| Tech / APIresearch model | 80 | 82 |
| API quality | 4/5 | 4/5 |
| Maker bpsresearch model | — | 1 |
| Taker bpsresearch model | — | 4 |
| Margin | mixed | on-chain |
| Settlement | usdc, coin | usdc |
| Assets | BTC, ETH | BTC, ETH, SOL, HYPE, XRP, ADA, ZEC, CC, XAUT |
| RFQ / blocks | Yes | Yes |
| On-chain | No | Yes |
| 24h vol (edit.) | — | $45M |
| OI (edit.) | — | $900M |
| Best for | RFQ / blocks · Multi-leg structures · Institutional | HYPE options · Long-dated · On-chain |
| KYC | Institutional KYC / invite | Wallet-first; frontend geo rules apply |
| Profiles / hops |
Fit score is a research model, not a safety or “best broker” ranking.
Paradigm liquidity score 72 vs Derive 70. Product depth 88 vs 80. RFQ/blocks: Paradigm & Derive. On-chain: — / Derive.
Both venues enforce geo and KYC rules that change by entity. Paradigm: Invitation / institutional onboarding. Derive: Jurisdiction-dependent frontends. Use country hubs for jurisdiction mapping — not legal advice.