DeFi· ★★★· bullish·

Paradex Options Open Interest Jumps 2.6x to $202 Million After RFQ Launch

  • —Options open interest rose 2.6x to $202 million
  • —Daily trading volume reached $17.6 million in the first days after launch
  • —In closed beta, RFQ generated more than $50 million in volume over a month
  • —The platform charges zero fees on options, perpetuals and spot for retail users
Why it matters: The RFQ integration brings institutional options strategies on-chain, intensifying competition with Deribit and fueling growth in DeFi derivatives.
Source: Crypto Briefing
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