Delphi Digital researcher Yan says on-chain options market has substantial room to grow

Delphi Digital researcher Yan says on-chain options market has substantial room to grow

N
News Editor
2026-09-28 17:10:55
Delphi Digital researcher Yan said in a post on X that the on-chain options market still has significant growth potential, pointing to how small the sector remains today. According to Yan, on-chain options trading volume is currently close to zero, which leaves a large runway for expansion even without making aggressive claims about its future position in crypto derivatives. Yan argued that even if on-chain options volume were to increase by 10x, it would still represent only a small fraction of perpetual futures volume. On that basis, he said there is no need to claim that options will overtake perps in order to make the bullish case for the market. The opportunity, in his view, comes from the extremely low starting point rather than from any assumption that on-chain options must become the dominant derivatives product.

Delphi Digital researcher Yan said in a post on X that the on-chain options market still has significant growth potential.

Yan said on-chain options trading volume is currently close to zero. Even if that figure rose 10x, it would still account for only a small share of perpetual futures volume.

He said there is no need to argue that on-chain options will surpass perpetuals. Starting from such a low base, the market already has considerable room to expand.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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