S&P Dow Jones Indices completed its first derivatives swap on a crypto blockchain according to Bull Theory on October 13 2026 marking Wall Street's initial onchain derivatives activity.

Crypto swap APIs let wallets and super apps embed exchanges to add assets, cut friction and earn revenue without building full platforms.

According to @lookonchain, Erik Voorhees deposited another 1,635 ETH, valued at approximately $4.81 million at the time, into THORChain to swap for BCH (source: @lookonchain on X, Dec 25, 2025). @lookonchain provided on-chain transaction links indicating the deposit and planned ETH-to-BCH swap route via THORChain (source: @lookonchain on X, Dec 25, 2025).