FalconX Launches First Ethereum Staking Yield Derivatives with TESR Benchmark

FalconX has introduced the first forward rate agreements (FRAs) linked to Ethereum staking yields using the Treehouse ETH Staking Rate benchmark. The new derivatives allow institutions to hedge against yield fluctuations in the 4-6% APR range, with Edge Capital, Monarq, and Mirana among initial participants. The product remains unavailable to U.S. clients.