Binance Derivatives Trading Hits Record $2.55T in July
Binance's derivatives trading volume surged to $2.55 trillion in July 2025, marking a six-month high and solidifying its dominance with 50%+ market share. The spike followed Bitcoin's volatility and renewed institutional interest, with open interest (OI) holding at $79 billion, signaling potential market turbulence ahead
Key Drivers:
Altcoin Rally: ETH, SOL, and XRP futures contributed 83% of volume 10.
Institutional Activity: Hedge funds leveraged futures for speculation amid ETF uncertainty 7.
Competitor Lag: OKX and Bybit trailed at $1.09T and $929B, respectively
Outlook: Analysts warn of a "leverage flushout" risk due to high OI, but Binance's new ALLUSDT composite index futures (75x leverage) aims to capitalize on demand
