Almost doubling market share: options rise as the crypto derivatives market shifts: Report
- The crypto derivatives market is increasingly focused on perpetual futures contracts and options, with options’ share of Bitcoin open interest rising from 25% to nearly 50%.
- Deferred futures contract trading volume has fallen sharply, down by more than 97% compared with 2021 levels, while options are being used more and more widely for trading volatility and risk management across different market conditions.
- Bybit has emerged as a leading company in options trading, with a significant increase in its options trading volume market share, especially for Ether; Bybit’s overall options market size has grown from $529 million to $2.33 billion.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- The crypto derivatives market is increasingly focused on perpetual futures contracts and options, with options’ share of Bitcoin open interest rising from 25% to nearly 50%.
- Deferred futures contract trading volume has fallen sharply, down by more than 97% compared with 2021 levels, while options are being used more and more widely for trading volatility and risk management across different market conditions.
- Bybit has emerged as a leading company in options trading, with a significant increase in its options trading volume market share, especially for Ether; Bybit’s overall options market size has grown from $529 million to $2.33 billion.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
