October was a massive month for bitcoin options
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Bitcoin options interests reach new heights in October, according to data compiled by The Block Research.
The aggregated open interest of bitcoin options reached an all-time high of $2.4 billion by the end of October, a month-over-month increase of 54.7%. On October 29, the open interest of Bitcoin options hit a new daily all-time high of $2.6 billion.
Source: skew, The Block Research
The monthly volume of bitcoin options reached a new all-time high as well. It increased by 46.4% on a month-over-month basis from $3.9 billion to $5.8 billion.
Source: skew, The Block Research
Deribit continues to maintain its dominance in the bitcoin options market, making up 89.5% of last month's volume.
