What's Hot

    Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain

    03.02.2023

    Key Ripple-Backed XRP Ecosystem Shut Down

    03.02.2023

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Analytics»Binance and FTX Will Dominate Bitcoin Futures In 2022, But DEX Gains Power As Well
    108bdca93313e3dba86e63891fcfd7c1baaec66f
    Analytics

    Binance and FTX Will Dominate Bitcoin Futures In 2022, But DEX Gains Power As Well

    AdministratorBy Administrator03.01.20221 Comment3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Large cryptocurrency exchange Binance will continue to dominate the Bitcoin (BTC) futures market in 2022, with competition from FTX heating up. At the same time, stricter rules mean that all centralized exchanges will face decentralized alternatives in the new year. predicted crypto researcher Arcane Research .

    A new report from Arcane Research says that over the past year, activity in the bitcoin futures trading market has undoubtedly been driven by Binance. The report said that the exchange, which originally started out as a spot, was the largest open-interest bitcoin futures exchange for 308 days out of 360 covered, and also showed that the trend of Binance’s market share was increasing. during a year.

    But while a popular exchange is gaining market share from some competitors, others are struggling. The most notable of these is FTX, which has seen a growing share of open interest in the bitcoin futures market over the past year.

    Looking into the crystal ball the next year, Arkane said that:

    Binance will maintain its position as the largest Bitcoin futures exchange in terms of open interest, but will also face stiff competition from the FTX.

    After consistently growing its market share throughout 2021, FTX’s market share in Bitcoin futures trading in December was nearly identical Chicago Mercantile Exchange (CME) p more institutional dominance , while both exchanges accounted for 15% to 20% of the total open interest. …

    Bitcoin Futures Open Interest on Binance, CME and FTX in 2021:

    In 2022, Arcane predicted that this will be the year that derivatives trading on decentralized exchanges (DEX) becomes more mainstream and attracts futures traders through traditional centralized exchanges such as Binance and FTX.

    The report says the market will face even tighter regulation, making it difficult to maintain the modus operandi as a free port for anyone looking to trade with high leverage.

    He added that for this reason, decentralized derivatives exchanges will attract more traders, despite the associated protocol risk.

    Critical signal for the Bitcoin options market

    In the other major segment of the derivatives market, the Arcane options market said it has grown in importance.

    The report says that options flows are becoming an increasingly important signal from the market, adding that several options market indicators are now widely used to gauge the overall health of the bitcoin market.

    The report also notes that the exchange Deribit cryptoderivatives strengthened its position as the dominant Bitcoin options platform until 2021. Since the beginning of the year, the share of open-interest exchanges in the bitcoin options market has grown from 82% to over 90% at the end of December, the report said.

    Looking into 2022, Arcane predicted that Deribits’ position would be called into question as new competitors emerge from the legacy financial system known in crypto circles as TradFi.

    Arcanes predicts that Deribit will face increased competition from tradfi marketplaces.



    #Binance #FTX #Dominate #Bitcoin #Futures #DEX #Gains #Power

    Binance Bitcoin DEX Dominate FTX Futures Gains Power
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023

    “Bitcoin is the only protection for money from inflation and currency devaluation”

    03.02.2023

    A few reasons why cryptowinter will soon change into spring

    03.02.2023

    Bitcoin community considers 4 MB blocks to be stupid

    03.02.2023
    View 1 Comment

    1 Comment

    1. Avatar of Binance futures trade bitcoin coin crypto
      Binance futures trade bitcoin coin crypto on 05.01.2022 01:52

      Hey! I just wanted to ask if you ever have any problems with hackers?

      My last blog (wordpress) was hacked and I ended up losing
      a few months of hard work due to no backup. Do you have any methods to prevent hackers?

      Reply

    Leave A Reply Cancel Reply

    Recent Posts
    • Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain
    • Key Ripple-Backed XRP Ecosystem Shut Down
    • Kathy Wood called bitcoin the best financial insurance
    • ​User paid a fee of $32,000 for a transfer on the Ethereum network
    • Twitter Suspends Doge Tipping Tool
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.