CoinGlass: 2025 Crypto Derivatives Hit $85.70T as CME Tops Binance in BTC OI

The crypto derivatives market in 2025 shifted decisively toward institutional participation, with total trading volume around $85.70 trillion and average daily turnover near $264.5 billion. CME Group overtook Binance in Bitcoin futures open interest in 2024 and narrowed the gap in Ethereum derivatives by 2025, while OKX, Bybit and Bitget retained notable market share.