Derive Leads Ethereum Options Market With $200M in Volume
- —Derive's three top ETH contracts drew over $200M in notional 24-hour volume
- —Strikes are set at $2,850, $3,000 and $3,100, expiring September 24
- —The contracts represent about 11% of tracked ETH options volume
- —Derive also captures notable volume in Solana options
Why it matters: Rising ETH options activity signals growing institutional interest and could fuel volatility around the September 24 expiry.
Source: Coinfomania