Panama's Deribit Exchange Sees Crypto Derivatives Boom Despite Global Slump in Activity

While the international scene for crypto derivatives seemed to hit the brakes last month, the Panama-based Deribit Exchange tells a different tale. The exchange, which specializes in derivatives like options, futures, and perpetual futures, has reported a spike in trading volumes. According to their recent monthly report, Deribit had a total trading volume of $42 billion in August. This is a 17% rise compared to Julys numbers, running counter to the global decline of 12.1% in the same period, which totaled around $1.6 trillion. Deribits success last month mainly stems from a robust options...


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