News Formal

Crypto Derivatives Lost Overall Market Share in March Despite Hitting Record High Trading Volume of $6.18T

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

The share of crypto derivatives in total market activity slipped to 67.8% in March, the sixth consecutive monthly decline, according to CCData.

Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three times of the total market capitalization of all cryptocurrencies. Spot trading volume jumped 108% to $2.94 trillion, the highest monthly volume since May 2021. The combined spot and derivatives trading volume increased 92.9% to a record $9.12 trillion.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 291. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Crypto Market Update: Why is Crypto Suddenly Making Us Feel Like Irrational Geniuses?The total market cap is sitting pretty at a cool $2.66 trillion, and Bitcoin is the king of the castle again at 51.56%.
Källa: hackernoon - 🏆 532. / 51 Läs mer »