As reported by Bitjie, Coin Bureau tweeted that open interest in crypto derivatives fluctuated significantly in 2025. After a slow start, leverage surged in Q3 before dropping sharply. On October 7, the total open interest reached a historical peak of $23.59 billion, and ended the year at $14.51 billion, with a 17% increase in the second half of the year.
2025 Crypto Derivatives Open Interest Hits $23.59B All-Time High
币界网Share






The crypto market saw a major surge in derivatives open interest in 2025, hitting $23.59 billion on October 7. After a slow start, activity picked up in Q3 before a sharp drop. Year-end figures stood at $14.51 billion, with a 17% rise in the second half. Crypto analysis shows the market remains volatile but active.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.