Open interest of Bitcoin options reached a new high last month, according to data provided by The Block Research.
In particular, the aggregated open interest of BTC options surged to $2.4B at the end of October, posting an increase of 54.7% and reaching a new record, while on October 29 the open interest of BTC options hit a new daily high of $2.6B.
As for the monthly volume of Bitcoin options, this also jumped to a new record after registering a spectacular rise of 46.4% to $5.8B from the previous $3.9B.
The BTC options market is currently dominated by Deribit, which represents 89.5% of last month's volume.
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