A CoinGlass report projects the cryptocurrency derivatives trading volume will reach $85.7 trillion by 2025 with an average daily volume of $264.5 billion. Binance leads with a 29.3% market share, followed by OKX, Bybit, and Bitget, which together hold over 62% of the market. The market is shifting towards institutional strategies, but leverage risks remain high with record liquidations and volatile positions throughout 2025.