KuCoin Among Top Exchanges Gaining Market Share in Crypto Derivatives

The global crypto derivatives market experienced a modest slowdown in February, according to CoinDesk Data's latest report.

Derivatives trading volumes declined by 2.41% to $4.11 trillion, marking the lowest monthly level since October 2024.

This decrease coincided with relatively low market volatility, as most major digital assets traded within narrow price ranges throughout the month.

Despite the overall decline in trading activity, derivatives continued to dominate the crypto trading landscape, accounting for 73.2% of total market volume in February, slightly up from 73.1% in January.