Derive dominates Delphi options dashboard with top ETH and SOL contracts
Summary
Derive has claimed the top three positions in ETH options and the top two positions in SOL options on the Delphi options dashboard. The three ETH contracts reached nearly $200 million in 24-hour notional volume, representing about 11% of the tracked ETH options volume, with calls at $2,850, $3,000, and $3,100 expiring September 24. In SOL, Derive’s December calls at $150 and $300 totaled around $3.45 million, which is approximately 12% of the tracked SOL options volume. Derive maintains a dominant share of onchain options activity among decentralized platforms, and its inclusion on the Delphi dashboard facilitates cross-venue analysis of options data.
Tokens
$ETH$SOL
Analysis
Derive: Derive is a decentralized protocol for onchain crypto options and perpetual futures trading, providing self-custodial execution with portfolio margining and cross-margin features on Ethereum infrastructure. Formerly known as Lyra Finance, it operates as the leading venue in the onchain options sector. The news highlights Derive's specific ETH and SOL call contracts dominating the top spots on the Delphi cross-venue options dashboard, underscoring its role in aggregated market visibility. Market Position: Derive holds the dominant share of onchain options activity among decentralized platforms. Technology Upgrade: Derive is advancing its architecture with a V3 upgrade focused on zkVM technology for enhanced performance on Ethereum mainnet. Platform Integration: The Delphi options dashboard includes Derive alongside major centralized venues to enable cross-venue analysis of options data.
Categories
cryptoethereumdefihyperliquidperps
Related sources
- https://x.com/i/status/2102300043243848155
- https://cryptobriefing.com/delphi-options-dashboard-crypto-launch/
- https://insights.derive.xyz/day-2-navigating-derive-your-first-look-at-the-options-platform/
- https://insights.derive.xyz/01-how-to-read-the-derive-options-chain/
- https://x.com/i/status/2090010056704057663
- https://members.delphidigital.io/feed/onchain-greeks-vol-1-derive-v3
- https://www.optionly.com/markets
- https://forums.derive.xyz/t/dip-launch-derive-v3/322
- https://cryptobriefing.com/derive-v3-upgrade-onchain-options/
- https://www.derivativesmonkey.com/
- https://www.derive.xyz/
- https://x.com/i/status/2084686828846940231
- https://x.com/i/status/2091909093686468772
- https://thedefireport.io/research/the-watch-list-derive-drv
- https://x.com/i/status/2102401475456700675
- https://cryptobriefing.com/derive-perpetual-contracts-drv-ford-leverage/
- https://coinmarketcap.com/cmc-ai/derive/what-is/
- https://x.com/Delphi_Digital/status/2087551192553701418
- https://members.delphidigital.io/feed/new-tool-on-the-delphi-portal-cross-venue-options-dashboard
- https://loris.tools/options/derive