In September 2026, on-chain options notional trading volume nearly doubled month over month, reaching $4.829 billion (+121.7%). Derive (formerly Lyra Finance) led with approximately $3.8 billion in notional volume, accounting for about 79% of the market that month; its share by premium reached 91%–92%, and the DRV token hit a new high of $0.3857 mid-month. After Paradex integrated Paradigm RFQ, open interest surpassed $250 million, while notional trading volume rose 285% month over month. Hypercall’s notional share was approximately 11.2%.

#链上期权 #Derive #DRV #Paradex #Hypercall