Onchain options volume hits $4.9B in 30 days, just 0.8% of Pump DEX turnover
- —30-day notional onchain options volume was $4.9B vs $627B on Pump DEX
- —Deribit quoted two-sided markets across all 346 strikes, Derive on 206
- —Derive spread was about 3.8% of option price, Deribit 2.6%
- —Derive's notional share fell from 88.1% to 79.3% in September
Why it matters: Cross-margining options with perpetuals could cut collateral costs and support onchain options growth.
Source: TokenPost