As the head of BitMEX, the largest platform for trading Bitcoin derivatives, said, the average trading volume on the exchange rose to $ 7 billion a day, and the annual trading volume exceeded $ 1 trillion.
“A trillion dollars a year, the statistics do not lie,” stated on Twitter, BitMEX CEO Arthur Hayes.
Note that BitMEX occupies 57% of the cryptocurrency futures market. The main rival of the exchange – Deribit site – boasts only 16%. Users also trade on Huobi DM (14%), OKEx (10%) and CME (2.5%). However, it is possible that they will soon have new strong competitors – the Binance and Bitfinex exchanges are planning to enter the cryptocurrency derivatives market.
Recall that earlier the BitMEX exchange announced cooperation with the CryptoCompare service, in the framework of which it will provide real-time trading data to institutional investors using the Refinitiv Eikon platform.