Three Stock-Linked Derivatives Account for Over Half of August’s $665 Billion in Centralized Exchange Perpetual Futures Trading
In August, stock-linked perpetual futures on centralized crypto exchanges (CEX) reached a total trading volume of $665.42 billion, according to WuBlockchain Data Center. This marked an increase from July's $636.19 billion and was significantly higher than January’s $11.58 billion. Three stocks—SanDisk (SNDK), SK Hynix (SKHY), and the SpaceX-tracking SPCX contract—accounted for 50.4% of this volume, highlighting a continued concentration in memory chip and semiconductor sectors. Binance reported that equity-linked perpetuals made up nearly 79% of its TradFi perpetual futures trading during August, with $342.9 billion traded on such contracts. The exchange is expanding its offerings to include options on over 1,000 U.S.-listed stocks and ETFs for non-U.S. users. Bybit also plans new developments in stock derivatives, including 24/7 perpetual trading based on SpaceX and Nvidia.
Tickers: $CRCL $NVDA $SKHYV $SNDK $SPCX
Topics: crypto exchanges semiconductors stock perpetual futures trading volume