Bitcoin Domination in Futures Trading Leaves Altcoins in the Dust
DWF Labs Founder Andrei Grachev stated on X that Bitcoin has become the primary cryptocurrency available in exchange futures trading, while other digital assets have become increasingly difficult to find.
This shift reflects a broader trend in the crypto derivatives space. Over the past year, Bitcoin's share of total futures open interest has risen significantly.
Data from major exchanges like Binance, OKX, and CME shows that Bitcoin consistently accounts for a majority of daily futures volume, with Ethereum trailing far behind and other altcoins seeing even thinner activity.