The total amount of ETH open interest options in July exceeded 7 billion US dollars

[The total open interest of ETH options in July exceeded US$7 billion] Jinse Finance reported that the latest data shows that the total open interest of ETH options on leading exchanges has increased from US$2.74 billion on July 2 to July 29 daily over $7 billion. Currently at $5.9 billion. Meanwhile, total open interest in ETH futures hit $7.58 billion on July 30, up from $4.71 billion on July 2. (Open interest represents the value of all open contracts that have not yet been settled). Joshua Lim, head of derivatives at Genesis Global Trading, revealed that hedge fund activities have begun to increase, and the popularity of low-premium option structures in ETH mainly comes from macro discretionary hedge funds. On the close, a common structure might be a call option. (The Block)

Other news:

The July trading volume of the derivatives trading platform Kwenta has exceeded 1 billion US dollars, accounting for 43.63% of the total trading volume in 2021: According to news on July 22, as of today, the July trading volume of Kwenta, a derivatives trading platform based on the Synthetix protocol, has reached 11.96% billion, accounting for 43.63% of the total transaction volume ($2.757 billion) since 2021. [2021/7/22 1:09:24]

Golden Evening News | List of important news on the evening of July 19: 12:00-21:00 Keywords: Grayscale, Iris Energy, Bank of China, Zhejiang

1. Grayscale and CoinDesk jointly launched a DeFi fund and DeFi index

2. Bitcoin mining company Iris Energy seeks about $200 million in financing

3. Bank of China showcases digital yuan at China International Animation and Game Expo

4. Privacy Computing AI Network PlatON Releases White Paper on Privacy Preserving Computing Network

5. Grayscale CEO: The US Bitcoin ETF will definitely be approved, it is only a matter of time

6. Zhejiang: Planning and layout of disruptive technologies and cutting-edge industries such as artificial intelligence, blockchain, and third-generation semiconductors

7. Senior Researcher of Renmin University of China Blockchain Research Institute: Digital RMB will become the safest "cash" in human society [2021/7/19 1:03:14]

Golden Noon News｜A list of important developments at noon on July 7: 7:00-12:00 Keywords: Kazakhstan, central bank, South Korea, VISA

1. Kazakhstan will increase investment in block reward mining;

2. The Central Bank Digital Currency Research Institute is recruiting interns in Beijing, Shenzhen and Suzhou;

3. Gyeonggi-do, South Korea plans to launch a universal basic income plan supported by local stablecoins;

4. The European blockchain ecosystem needs 350 million euros in the next 18 months;

5. The number of blockchain enterprises in my country exceeds 45,000, and Guangdong Province accounts for as high as 52.5%;

6. Report: It is recommended to use blockchain technology to realize the recognition of the contribution of long video creators and the distribution of rights and interests;

7. VISA recruits blockchain engineers and emphasizes working experience related to Ripple, Ethereum or Bitcoin;

8. The total amount of DeFi loans exceeded US$1 billion;

9. The TON development team will stop supporting the test network. [2020/7/7]