2025 wrapped up with some eye-opening numbers for the crypto derivatives space. The annual report from major data platforms reveals the scale: total trading volume hit approximately $85.7 trillion for the year. That breaks down to an average daily trading volume of around $264.5 billion—a solid indicator of market depth and participant engagement.

These figures paint a picture of a maturing derivatives ecosystem. Whether you're tracking liquidation patterns, analyzing trading behavior, or gauging market volatility, the sheer volume tells you something about where capital flows and risk management strategies are heading in Web3 trading. The derivatives market remains a critical pulse point for understanding broader market sentiment and leverage cycles.