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Crypto Derivatives Volumes Reached New Record of $602 Billion in May
Summary: London-based digital asset market data company CryptoCompare released its May 2020 Exchange Review on June 4, where the channel reported crypto derivatives volumes reached a record high of $602 billion, an increase of 32%, in May.
London-based digital asset market data company CryptoCompare released its May 2020 Exchange Review on June 4, where the channel reported crypto derivatives volumes reached a record high of $602 billion, an increase of 32%, in May.
The past month of May also witnessed new records of daily and monthly options at derivatives exchange, Deribit. On May 10, the daily options volume hit $196 million. Monthly options touched $3.06 billion, marking a 109% expansion.
The largest top tier exchange by volume in May was Binance, with a magnitude of $57.2 billion, a growth of 18.2%. OKEx ranked second with a trading volume of $52.1 billion, a rise of 25.7%.
By Dawn Wu
Tags: Cryptocompare,cryptocurrency derivatives,Data
Link: Crypto Derivatives Volumes Reached New Record of $602 Billion in May [Copy]
