Goldman derivatives head Brian Garrett: "many thought a hawkish Jackson hole could bring longer end yields lower given increase in perceived fed credibility/independence, the opposite happened (10y 4bps higher on the session, and now 25bps higher on the quarter)."

Chainlink Derivatives Are Heating Up Again Chainlink’s derivatives market is rebuilding leverage even though LINK remains far below its pre-crash level, Santiment reported on Aug. 17. Coin-denominated open interest (OI) has climbed to nearly 29 million ethereum:0x514910771af9ca656af840dff83e8264ecf986ca. That puts open interest above its October 9 level for the first time since the liquidation cascade. Dollar-denominated OI remains around $279 million, roughly half its pre-crash level. Funding has stayed positive throughout the buildup, suggesting long positions dominate the rebound.

Bybit is Taking Crypto Derivatives Deeper Into The Forex Market Bybit (@Bybit_Official) has launched USDT settled perpetuals tracking EUR/USD, GBP/USD and USD/JPY. The new contracts give crypto traders exposure to major currency movements without owning the underlying currencies. They have no expiry and offer leverage of up to 100x, while remaining available around the clock. That means traders can access these FX markets even when traditional currency markets are closed. This new launch comes as part of Bybit’s growing TradFi service offering, which currently includes over 200 asset offerings.