Bitcoin futures and options trading volumes reached all-time highs in March

Bitcoin • April 5, 2021, 5:28PM EDT

Monthly volumes for bitcoin futures and options both broke all-time highs in March, according to data compiled by The Block Research.

Bitcoin futures volume reached $2.13 trillion last month, or 1.90% larger than the previous high, which was recorded in January. The top players accounting for March’s bitcoin future volumes were Binance with 33.84% of the volume, Huobi with 22.32%, and OKEx with 13.75%.

Meanwhile, bitcoin options rose 16.19% from February to March, reaching a total volume of $28.63 billion last month. Of that volume, 96.26% was from Deribit, 3.37% was from OKEx, and 2.02% was from CME.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.