Options issuance platform Opyn provides insurance for money market deposits

DeFi ProtocolsMarch 2, 2020, 10:13AM EST
UPDATED: March 14, 2022, 5:02PM EDT
Options issuance platform Opyn provides insurance for money market deposits
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Options are becoming an increasingly popular way to both gain and hedge exposure in cryptocurrency markets.

According to derivatives data provider Skew, open interest on bitcoin options currently exceeds $900m, up from ~$200m year-over-year. 

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