Crypto exchange Coinbase is purchasing FairX, a U.S.-based derivatives platform. The move could open the door for Coinbase to offer crypto derivatives products in the U.S. At present, only a handful of exchanges allow U.S. investors to trade bitcoin and ether futures, with cash-settled products being both the most popular and the longest-available products. FTX.US acquired LedgerX last August with a similar aim. FairX is a relatively young futures platform that launched its exchange in May 2021 after receiving regulatory approvals in late 2020. However, FairX has relationships with major brokerages including TD Ameritrade, E*Trade, ABN AMRO, Wedbush, Virtu Financial and a handful of others, which offered FairX’s futures products or provided clearing services, according to the company’s announcement at the time.
anything out there similar to https://www.paradigm.co/ but done as swaps. Nothing centralized; just RFQs and executions on standardized products