Analyzing the development trend of the on-chain options market, it is found that this field is moving from the periphery to the core. As infrastructure improves, user demand is quietly shifting, creating a broader application space for options products. From the data, both options trading volume and open interest are showing an upward trend, especially in markets with higher volatility, where hedging needs are significantly increasing.

However, we should also be cautious of excessive optimism. On-chain options still face challenges such as insufficient liquidity and imperfect pricing mechanisms. It is recommended to closely monitor the布局 of leading exchanges and DeFi projects in this field, track the capital flows and position changes of options contracts, in order to grasp potential investment opportunities. At the same time, attention should be paid to risk management to avoid overexposure in immature markets.

Overall, on-chain options indeed show the potential to become the next hot spot, but investors should remain rational, conduct thorough research, and perform risk assessments.