Crypto Derivatives Daily Trading Volumes Reach Record Highs
Main page News, Cryptocurrency
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1 March

This week, daily trading volumes of crypto derivatives, specifically options and futures, have experienced a significant increase, reaching record highs on several platforms.

For example, crypto derivatives exchange Deribit reported yesterday a trading volume over the past 24 hours of $12.4 billion, an all-time high.

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The platform also shared that its open interest, which measures the number of outstanding derivatives contracts, topped $29 billion, another record high.

For its part, Coinbase Institutional also announced a successful trading day on its US-regulated futures exchange, with $380 million of notional volume traded in Bitcoin and Ether contracts.

Notably, spot Bitcoin ETFs have had a good week, exceeding $2 billion in trading volume for several days.

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