Binance, OKX Lead Crypto Derivatives Space Despite Market Ruckus

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The market-wide volatility has also put a notable strain on the derivatives market. Binance, for one, has managed to lead the space.

Coinglass data shows that Binance accounts for the majority of the derivatives share. The volume of crypto contracts from January 2021 to the present stood at $33.5 trillion.from the analytics resource, the crypto exchange has gained more than 50% market share due to “good market depth and a diverse selection of altcoins.”

Next up was Huobi Global with $7.63 trillion, and FTX with $5.59 trillion. Huobi has seen a major drop in trading volume after withdrawing from the Chinese mainland market. Currently, its daily trading volume stands at approximately $2 billion. The former market leader BitMEX has slid down significantly with a contract turnover of $1.57 trillion during the same timeframe. Coinglass cited the platform’s poor product experience for the slump. Data suggests that Bitmex has changed from being the first in the market to a trading venue with only $1 billion per day.The expansion of the derivatives market, especially in the US, has been slow but steady with only a handful of options.rolling out its first crypto derivatives product this month.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 568. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Dogecoin (DOGE) May Surprise Crypto Market as It Breaks Resistance Levels Like It's NothingICYMI: $DOGE is getting close to the major resistance line of the 50-day Exponential Moving Average Dogecoin DOGE DOGEArmy doge to the moon 🌙 🚀🧨
ソース: Utoday_en - 🏆 295. / 63 続きを読む »