Liquidations topped $150B in 2025

In 2025, a total of $85.7T in #derivatives volume was recorded, marked by institutional adoption and unprecedented stress tests. The crypto derivatives market recorded $150B in #liquidations , averaging nearly $429M per day. Most liquidations occurred between October 10-11, triggered by President Trump’s announcement of 100% tariffs on Chinese imports, wiping out over 1.6M traders for more than $19B.

👉 coinglass.com/learn/2025-annual-report-en