According to Polynomial (@PolynomialFi) on Twitter, the onchain era of derivatives is accelerating with key players like Deribit and Coinbase expanding their offerings. Polynomial is actively developing a new blockchain specifically designed for next-generation onchain derivative trading, which could increase transparency and efficiency for crypto traders. This development signals a significant shift in the crypto derivatives market, as increased onchain activity is likely to attract more institutional and retail participation and improve liquidity. Source: Polynomial (@PolynomialFi), May 8, 2025.