🔎📊 Update on the crypto derivatives market from BlockScholes research:

▪️ Implied volatility pricing is lower, the term structure is steepening, and open interest remains mostly stable across all instruments;

▪️ #ETH options are anticipating ongoing volatility, with front-end volatility nearly 20 points higher than that of #BTC;

▪️ Altcoins are lagging behind, indicated by weaker funding rates, though there is no widespread negative spike.