Options volume doubled in September 👀
Onchain options notional volume rose 116.1% in September compared with August.
Interest around $HYPE and $SOL is growing as traders look beyond simply going long or short.
Notional does not equal the premium traders paid, but it does show how much exposure is being expressed through options.
Aevo’s options notional increased 98.9% over the same period, meaning activity on the platform nearly doubled alongside the wider market.
For me, that is more useful than another prediction about options becoming the next major crypto category.
The activity is already showing up in the data 🔥
#Altcoin Season#
Onchain options notional volume rose 116.1% in September compared with August.
Interest around $HYPE and $SOL is growing as traders look beyond simply going long or short.
Notional does not equal the premium traders paid, but it does show how much exposure is being expressed through options.
Aevo’s options notional increased 98.9% over the same period, meaning activity on the platform nearly doubled alongside the wider market.
For me, that is more useful than another prediction about options becoming the next major crypto category.
The activity is already showing up in the data 🔥
#Altcoin Season#