Several cryptocurrency exchanges have reported daily records following the banner shutdown through February.
Deribit experienced several trading records on its platform yesterday, with open interest on the cryptocurrency options and futures exchange surpassing an all-time high of $29 billion. Platform customer assets hit a record high of $4 billion, and the exchange’s 24-hour trading volume hit a record high of $12.4 billion.
“Note to ourselves: Stay humble”, Deribit wrote At X.
Meanwhile, Coinbase Institutional’s official famous The U.S.-regulated futures exchange recorded a record number of unique users (more than 850 to be specific) in a single day on February 29, the second highest in the platform’s history, with approximately $380 million in notional trading volume traded in Bitcoin and Ethereum. Contributed to the second highest day. contract.
“Coinbase Derivatives is committed to fostering fair, transparent, trustworthy and efficient markets for a diverse range of participants.” wrote “Stay tuned as we build more products and better infrastructure to meet this growing demand,” X added.
Greek.Live too reported Record daily trading volume through the platform – $620 million in options volume.
The cryptocurrency market frenzy is largely driven by demand for the newly launched Bitcoin exchange-traded fund in the U.S., which “could see an uptick for a while” with Bitcoin supply dwindling, according to a Bloomberg senior ETF analyst. said: Eric Balchunas explained.
Balchunas’ comments come after the U.S. spot Bitcoin ETF generated record net inflows of $673.4 million on Wednesday, surpassing the previous high of $655.2 million set on the Jan. 11 launch date. Yes.
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