<ul><li>DOGE derivatives trading volume surged, reaching $2.59 billion, with open interest at $1.70 billion.</li><li>DOGE options market also experienced significant growth with volume doubling and open interest increasing by 37%.</li><li>Despite the market heat, there was a substantial outflow of DOGE from exchanges, with major exchanges recording withdrawals.</li><li>Developments in the Dogecoin ecosystem include DogeOS raising $6.9 million in fresh funding, signaling ambitions beyond a meme coin. Nasdaq has also filed an application for a DOGE ETF.</li></ul>

Derivatives Market Heats Up but DOGE Withdrawals Climb

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