The Volume of Crypto Derivatives Break the Record. According to the report of BitMEX, crypto derivatives, which showed a large increase in market share, broke an
The Volume of Crypto Derivatives Break the Record. According to the report of BitMEX, crypto derivatives, which showed a large increase in market share, broke an all-time record, reaching $ 1.27 trillion with an increase of 5% in May.
The volume of crypto derivatives once again broke the all-time record. May, with very high volatility rates, was quite active for the crypto market. What happened before and after the Halving incident, the relentless war and many other factors entered with the $ 10,000 threshold caused many participants to enter the money market. The highest supporter of the spot volume in this process was a new record-breaking volume of crypto derivatives.
It broke all-time record
According to the report released by BitMEX, crypto derivatives, which showed a large increase in market share, rose 5 percent in May to $ 1.27 trillion and broke the all-time record. The biggest stock market in May was Huobi, which has announced a volume of $ 176 billion, an increase of 29 percent since April.
OKEx and Binance followed Huobi with $ 152 billion and $ 139 billion. Looking at the stock market's April performance, OKEX rose 33 percent while Binance grew 58 percent.