31 Jul 2023
Exploring the derivatives market structure
Binance reigns as the largest exchange measured by open interest dominance, with Bybit and CME taking the second and third places.
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As the market reigns quiet, we take the opportunity to highlight the current structure of the bitcoin derivatives market. Binance reigns as the largest exchange measured by open interest dominance, with Bybit and CME taking the second and third places.
The futures market has lost relevancy in offshore derivatives over the past few years, with its open interest being dwarfed by CME. CME represents a
