Deribit's $ZEC options market is so privacy coded that you...can't actually see it.
It doesn't exist. It might never exist realistically due to $ZEC being a privacy coin.
The big break for
@DeriveXYZ earlier this year was listing $HYPE options months before Deribit did, and they now dominate that market.
If $ZEC continues to be the next PvE runner, it's just another mass onboarding event for Derive. And then it'll be $LIT ...and $VVV ...and $PUMP ...and $DRV itself 👀
The biggest mistake people made was thinking on chain options lost to perps because of how long it's taken to get to this point. There just weren't enough interesting, quality assets to list liquid options markets for, and building it all is HARD.
On chain options are going to look like the 5'5 late bloomer who everyone bullied and then he hit 6'5 over a single summer.