The year 2025 was full of volatility and record breaking for the crypto derivatives market. This market, which started the year with limited liquidity and cautious investors, faced significant jumps at the end of the year, and its total volume of transactions reached 85.7 trillion dollars. The average daily turnover is also reported to be approximately 264.5 billion dollars.
Centralized exchanges, particularly Binance, OKX, BayBit, and BitGet, accounted for more than 62% of the total derivatives trading volume. Binance was still in the lead with a 29% share, or about $25 trillion.
The open interest index (OI) also experienced significant volatility: after a sharp decline in leverage to $87 billion in the first quarter, leverage rebounded to a record high of $235.9 billion in early October, only to record a sudden drop of $70 billion in the fourth quarter.
On the other hand, following the US tariff shock against China in October, more than 19 billion dollars of liquidation was recorded in one day, and market volatility intensified, especially in the altcoin sector.
Despite this turmoil, the derivatives market in 2025 remained the main point of price discovery and risk management in the crypto market.
Crypto Potato
RCO NEWS



