Data: The nominal open interest of Bitcoin and Ethereum options has exceeded 20 billion USD

ChainCatcher news, according to Coindesk, the nominal open interest of Bitcoin and Ethereum options on the Deribit platform has exceeded $20 billion, reaching $20.64 billion.

The open interest on the platform is nearly close to the peak on November 9, 2021, when the trading price of Bitcoin exceeded $66,000, which is 90% higher than the current market price of $34,170. The current contract terms' open interest is significantly higher than in November 2021.

In addition, $4.5 billion worth of BTC and ETH options contracts on the Deribit platform will expire today.