FTX US Derivatives, formerly known as LedgerX, is an electronic derivatives trading and clearing platform for retail and institutional investors in the United States. It offers a range of crypto derivatives products to help traders hedge their crypto positions or speculate on the performance of the underlying crypto asset. The platform is regulated by the U.S. Commodity Futures Trading Commission (CFTC), and its products are open to US-based customers.

FTX US Derivatives provides users with a secure, compliant, and feature-filled trading experience. It enables users to trade a variety of crypto derivatives products, including futures contracts, options contracts, and perpetual swaps. With perpetual swaps, traders can place orders with different leverage levels, allowing them to control their position size without the need to purchase tokens or coins. Futures contracts, on the other hand, offer the chance to speculate on the price of digital assets in the future.

FTX US Derivatives also allows users to have more control over their trading strategies. Its user friendly trading UI and powerful trading algorithmic suite enable traders to customize their orders and automate their strategies more effectively. In addition, the platform features a variety of risk management tools and analytics to help users track their performance and take timely, informed decisions.

FTX US Derivatives offers some additional features that make it stand out from the crowd. For example, for futures contracts, it allows users to specify their desired margin, leverage, and settlement in USDT. This means that users no longer have to worry about converting their profits or losses into fiat currencies, as they can receive their payments directly in USDT.

Overall, FTX US Derivatives is a great platform that provides users with robust and secure trading solutions, as well as useful analytics and risk management tools. The platform offers an array of crypto derivatives products, allowing traders to speculate on the performance of the underlying asset or protect their positions against market swings. FTX US Derivatives also provides users with extra features such as margin, leverage and settlement options in USDT, allowing them to further customize their trading strategies and maximize their profits.