Too Long; Didn't Read
Options volumes crossed $1 billion for the first time in December, surpassing all-time-high in January. Open interest nearly hit $9 billion as 2021 volumes surpassed 25% of total 2020 volumes in just the first two weeks of the year. FinNexus is pioneering a cross-chain DeFi protocol for writing and buying options while being exposed to multiple assets from within collateral liquidity pools. The decentralized options products allow users to hedge the risk for their crypto holdings as well as their debt positions on other lending protocols.