Trading volume across crypto derivatives listed on the Panama-based Deribit exchange remained brisk last month even as the global activity cooled.
Deribit’s derivatives market volume rose to $42 billion in August, a 17% increase versus July, bucking the global downtrend that saw worldwide derivatives volumes decline 12.1% to around $1.6 trillion, the exchange said in the monthly review shared with CoinDesk. Volume figures represent total activity in options, futures and perpetual futures segments.
“The resilience can be attributed to the strong performance of our options segment. Notably, ETH options recorded their highest volumes since March of this year. Meanwhile, BTC continues to show strength, initially buoyed by its