Gemini Broadens Derivatives Collateral Scope, Adds BCH, DOGE, SHIB, SOL, and XRP

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Gemini, the U.S.-based cryptocurrency exchange, has expanded its derivatives platform by allowing users to post five new altcoins as collateral for perpetual contracts: Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), Solana (SOL), and XRP.

New tokens available to fund your derivatives trades

Users will now be able to use BCH, DOGE, SHIB, SOL, and XRP as collateral to trade perpetual contracts – providing more flexible funding options.

Learn more → https://t.co/iluLqjU1Pi pic.twitter.com/twbCrPV10L

— Gemini (@Gemini) July 29, 2025

The update, announced Tuesday, is designed to enhance capital efficiency and offer broader flexibility to traders by enabling the use of cross-collateral from a wider range of digital assets. It marks a significant step in Gemini’s ongoing effort to develop institutional-grade infrastructure for crypto derivatives.

Until now, Gemini users were limited to using BTC, ETH, USDT, and GUSD to meet margin requirements. With the introduction of additional altcoin support, traders can now pool various tokens, such as a combination of XRP, SOL, and DOGE, to meet collateral requirements for GUSD-settled derivatives contracts.

Key Benefits of the Update:

• Greater Trading Flexibility: Traders can now utilize a broader set of assets to fund positions, reducing friction and increasing access to leverage opportunities.
• Improved Capital Efficiency: Altcoin holdings that were previously idle can be used more effectively, minimizing the need to convert assets into stablecoins or fiat before trading.
• Expanded Market Utility: The feature is expected to appeal particularly to users in markets with diversified crypto ecosystems, including parts of Asia.

To enable the functionality, users in eligible jurisdictions must activate the cross-collateral feature in their derivatives accounts. Gemini stated that margin requirements and liquidation risks remain in effect, and encouraged users to review associated trading terms.

This move follows a trend among major exchanges to support alternative assets in derivatives markets, driven by demand for more flexible and efficient trading instruments.

For a full breakdown of platform features, security, and fees, read our in-depth Gemini review.