Crypto derivatives’ daily trading volumes reach record highs

Deribit and Coinbase Institutional reported record highs for crypto derivatives activity and trading volumes during the week ending March 1.

Daily trading volumes for options and futures crypto derivatives have surged in the past week, hitting record highs on a number of exchanges.

Crypto derivatives exchange Deribit said in a Feb. 29 X post that its 24-hour trading volume hit an all-time high of $12.4 billion on the day.