Cryptocurrency Q&A What is the volume of the Deribit market?

What is the volume of the Deribit market?

Michele Michele Sun Sep 15 2024 | 5 answers 1060
Could you please clarify what exactly you mean by the "volume of the Deribit market"? Are you referring to the total trading volume across all derivatives contracts on the Deribit platform within a specific time frame, such as a day, a week, or a month? Or perhaps you're interested in the volume of a particular contract or asset class traded on Deribit? Understanding your specific query will help me provide a more accurate and relevant answer. What is the volume of the Deribit market?

5 answers

Caterina Caterina Tue Sep 17 2024
Deribit, a prominent cryptocurrency exchange, currently boasts a comprehensive offering of 53 trading pairs. This diverse selection caters to the varying needs and preferences of traders within the crypto space.

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Martina Martina Mon Sep 16 2024
The inclusion of futures trading within BTCC's service portfolio underscores its commitment to providing advanced trading tools and strategies to its clientele. Futures trading allows traders to speculate on the future price movements of cryptocurrencies, offering opportunities for profit amid market volatility.

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ZenMindful ZenMindful Mon Sep 16 2024
The 24-hour trading volume on Deribit stands at an impressive $475,950,865.57, underscoring its significant liquidity and market activity. However, it is noteworthy that this figure has undergone a notable decrease of -47.61139945633134% within the past 24 hours.

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Elena Elena Mon Sep 16 2024
Parallel to the trading volume, the 24-hour open interest on Deribit amounts to $2,241,370,920.00. This metric provides insights into the market's level of engagement and commitment, as it reflects the total value of outstanding futures contracts. In comparison to the previous day, the open interest has marginally decreased by -0.26%.

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CryptoVisionary CryptoVisionary Mon Sep 16 2024
Among the esteemed cryptocurrency exchanges, BTCC holds a prominent position, offering a suite of comprehensive services to its users. Its offerings include spot trading, futures trading, and a secure wallet solution, catering to traders' diverse needs and ensuring a seamless trading experience.

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