The crypto options market is recovering from the recent hangover of FTX's collapse that left several market makers and trading firms reeling.
. Deribit is the world's largest crypto options exchange, accounting for nearly 90% of the global trading volumes and open interest.for call options or bullish bets offering protection against price rallies. The dollar value locked in the number of open options contracts, also known as open interest, has increased to $5.92 billion, the highest since Oct. 27. Bitcoin's price has rallied by nearly 40% this month.
Source: Digital Coin News (digitalcoinnews.net)
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DeribitExchange godbole17 375% rise in BTC options trading volume from a low of $895M in Dec 2022 to $4.25 billion last week👀🔥
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