Deribit Enables stETH for Cross Collateral

stETH as cross collateral is now available on Deribit, allowing users to use currencies other than the settlement currency as margin for open positions or orders on derivative products.

With this independent integration, Deribit has enabled stETH holders to use their assets as collateral across Deribit's trading suite, including options, futures, and perpetual contracts. By using stETH as collateral, users maintain their staking rewards from Ethereum, even as they leverage the asset to support active trading positions.

The new cross collateral margin system allows for the use of stETH as margin for open positions or orders on Deribit while still getting network staking rewards. Given the changes from the old system though, portfolio margin users in particular should make sure to read through the available guides, as there are new parameters and calculations.

If you would like to learn more about the new cross collateral system, information is available here.

About Deribit

Deribit is a leading cryptocurrency exchange. Founded in 2016, Deribit has quickly become a trusted platform for both institutional and retail traders, offering a secure and highly efficient trading environment. With a focus on innovation and transparency, Deribit provides a wide range of advanced trading tools and deep liquidity, allowing users to hedge, speculate, and manage risk effectively. Headquartered in Panama, Deribit is committed to maintaining the highest standards of compliance and security while continuously enhancing its platform to meet the evolving needs of the global cryptocurrency market. For further information, please visit www.deribit.com.

About Lido Institutional

Lido Institutional represents a dedicated group of contributors focused on advocating for the use of Lido’s open-source, liquid staking middleware by non-retail users. Lido's middleware provides a way to participate in the blockchain network validation process and get staking rewards for this activity. With a mission to democratize staking, Lido’s middleware lets users connect with node operators and stake their digital assets without the need to individually maintain hardware. For further information, please visit lido.fi/institutional.

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