Can Commit-Reveal Schemes Be Applied to Options Trading or Other Derivatives On-Chain?

Yes, commit-reveal schemes are applicable to on-chain options trading and other derivatives. The underlying principles of hiding the intent (e.g. the specific strike price, premium, or contract size) until execution are the same.

This is particularly useful for preventing front-running on large derivatives orders that could move the underlying asset's price or reveal a directional bias. The scheme ensures fair execution, preventing miners from profiting from the user's derivative trading strategy.