Deribit’s Crypto Trading Volume Nearly Doubled to Over $1T in 2024
Need evidence of the crypto market’s maturation? Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024.
Total trading volume in Deribit’s product suite, which comprises crypto options, perpetual futures, volatility futures, and spot market, rose 95% from $608 billion in 2023 to $1.185 trillion in 2024.
Options alone registered a trading volume of $743 billion, a 99% year-on-year growth, accounting for a giant share of the total exchange activity. Deribit listed BTC options in 2016 and has since cemented its position as the world’s leading crypto options exchange.
“Deribit saw an increase in activity throughout the year, particularly in Q4 as institutional investors demonstrated heightened…
