Deribit, the central cryptocurrency derivatives exchange that experienced a significant increase in its activities in the new year, gave good news for three altcoins. In this context, Deribit announced its intention to offer linear options for Solana, XRP and Polygon.
Deribit is launching linear options for these 3 altcoins
Cryptocurrency derivatives exchange Deribit announced that it will launch linear options for Solana (SOL), XRP (XRP) and Polygon (MATIC). “Based on demand from our customers, we have chosen to expand our offerings with some important altcoin projects,” said Luuk Strijers, Deribit Commercial Director. “These will be SOL, MATIC and XRP,” he said. Deribit shared this development on its official X account as follows:
Deribit offers linear options for SOL, XRP and MATIC! Deribit CCO: “Based on demand from our customers, we chose to expand our offerings with some key altcoins; SOL, MATIC and XRP,” he says.
Deribit exchange activity increases
Deribit experienced a significant increase in activity in January. Additionally, it reached the highest turnover since May 2021, reaching a total of $83.3 billion. Additionally, in January, the exchange reported the highest number of institutional accounts trading in a single month. Deribit also observed the highest number of unique retail participants actively trading since December 2021. This shows a significant increase in individual participation in the platform’s offerings.
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