Binance futures volume reached $2.55 trillion in July 2025, its highest level in six months, according to CryptoQuant analyst J.A. Maartun.
This increase followed sharp price swings in Bitcoin and major altcoins during the month.
The overall crypto market cap hit $4 trillion before pulling back in late July, driving more derivatives activity.
Maartun said,
“The jump in volume followed a month of sharp price moves in both Bitcoin and altcoins.”
His statement linked the rise in Binance futures volume directly to the market’s volatility and strong price movements.
Binance futures accounted for over half of the total trading activity across major derivatives platforms.
This solidified Binance as the leading exchange for crypto derivatives during July, with its volume far ahead of competitors.
Bybit and OKX Record Large Derivatives Volumes
Other exchanges also saw significant trading. Bybit futures volume reached $929 billion, while OKX futures volume totaled $1.09 trillion.
These figures highlighted growing derivatives participation outside Binance futures. However, Binance’s share remained dominant in comparison.
Maartun added,
“The increase in trading suggests more users are active again, possibly due to the recent price breakout.”
His comment indicated that trading activity tracked closely with market price movements.
Derivatives like futures contracts allow traders to speculate on the future price of cryptocurrencies such as Bitcoin or Ether without holding the assets directly. This structure enables high-volume participation during volatile conditions.
Binance Daily Volume and Trading Pairs Expand
CoinGecko data shows Binance futures supported 568 trading pairs in July, offering the highest variety among crypto derivatives exchanges.
Its daily volume averaged $82 billion, peaking at $134 billion on July 18, marking its largest daily total in four months.
This wide range of futures trading pairs and liquidity allowed Binance futures to remain the most active platform during the period of Bitcoin volatility.
The increase in activity coincided with price swings across major digital assets, prompting higher usage of leveraged trading tools.
Binance futures volume remained the central driver of total derivatives activity in July, supported by its scale and asset coverage.
Bitcoin Futures Open Interest Remains Elevated
Bitcoin futures open interest (OI) stayed high despite some decline. CoinGlass reported total Bitcoin futures OI at $79 billion, down from its record $88 billion in mid-July but still elevated. Open interest represents the total value of unsettled futures contracts.
High Bitcoin futures OI often reflects strong market participation and leverage.
According to CoinGlass, even with a slight reduction, the figure continues to signal heavy involvement in Bitcoin derivatives trading.
This level of open interest indicates persistent use of futures markets amid Bitcoin price volatility. Traders remain active as Bitcoin futures volume and derivatives participation stay at multi-month highs.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: August 4, 2025 • 🔄 Last updated: August 4, 2025
