Binance BTC Futures Reach All-Time High Against Spot Volume
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Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
Bitcoin (BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance.
Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever.
Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant.
Options traders are hedging for downside in September after months of rangebound BTC price action.
Binance sees record split in Bitcoin spot vs. futures trading
Data from onchain analytics platform CryptoQuant released on Friday reveals record readings for Bitcoin futures-to-spot trading volume ratios. The ratio now stands at 7.82, meaning that futures volume outweighs spot nearly eight times over.
Daily futures volume on Binance hit $57.82 billion this week, while spot trailed at $6.08 billion.
“Meanwhile, Bitcoin is trading near $64,000, while futures trading volume continues to grow at a faster pace than spot trading volume,” CryptoQuant contributing analyst Arab Chain commented on the data.
“This trend reflects a shift in market activity, with more investors and traders preferring to use futures for leverage, risk management, and short-term trading strategies.”

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