Rails taps Stellar to launch onchain vaults for institutional derivatives liquidity

Rails is betting that Stellar‑based smart contract vaults, onchain proofs and segregated collateral can make high‑speed perpetuals more palatable to institutions.

Institutional crypto derivatives provider Rails announced the launch of “Institutional-Grade Vaults” on the Stellar network on Tuesday, allowing brokerages, fintechs and other intermediaries to plug into crypto perpetuals via a single backend. The company aims for options trading in Q2 2026. 

Satraj Bambra, CEO of Rails, told Cointelegraph that the core idea was to separate matching from money. “The critical difference is custody and verifiability,” he said.

Rails runs a centralized matching engine, while client assets will sit in audited smart contract vaults on Stellar. Every 30 seconds of profit and loss (PnL), fees and liabilities are committed onchain, as Merkle roots that institutions can independently reconcile against their own records. 

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