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Derive Takes Seven Slots in HYPE Options Ranking With $5.45 Million in Notional Volume

The notional total gives no indication whether traders were protecting existing positions or making directional bets.

Updated 1 min read
An anonymous customer checks a smartphone at a café in Seoul, South Korea. / EconoTimes.ai
An anonymous customer checks a smartphone at a café in Seoul, South Korea. / EconoTimes.ai

Derive was the only venue represented in the 24-hour ranking of leading HYPE options contracts. Their combined notional volume was $5.45 million.

Derive's crypto derivatives offering includes options.

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