Cryptocurrency
Open Interest in Ether Options Hits Record High on Deribit
As reported by Coindesk, “Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit. “Open interest, or the number of contracts outstanding and not yet liquidated by an offsetting trade, rose to a record high of $136 million on Monday, marking a 460% […]
As reported by Coindesk, “Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit.
“Open interest, or the number of contracts outstanding and not yet liquidated by an offsetting trade, rose to a record high of $136 million on Monday, marking a 460% increase from $24 million seen on March 24, according to data provided by crypto derivatives research firm Skew.
“In ether (ETH) terms, there were 547,000 option contracts open on Monday, a record high. Meanwhile. daily trading volume rose to a new lifetime high of $24 million on Monday, surpassing the previous record of $20 million reached two days before…”