Notional volume in September more than doubled compared to August, so here’s a quick onchain options recap (Sep vs Aug ’26):
- Notional more than doubled. September notional reached $4.829B, up 121.7% month over month. Every major venue except Rysk and Hypersurface grew.
- Hypercall is on the board. Notional went from $9.4M to $538.8M, a 57