Derivatives Data

Gate News reported that on March 24, CoinGlass data shows that the 24-hour trading volume of XAG contracts across the network reached $4.578 billion, an increase of 32.3% compared to the previous period. Among centralized exchanges, liquidity is primarily concentrated on leading platforms, where one CEX had a 24-hour trading volume of $3.059 billion, and another CEX had a trading volume of $560 million, ranking the two as the market leaders.

Bitcoin BTC$71,127.34 is currently trading at around $71,000 having risen by 0.25% since midnight UTC, adding to a broader 24 hour rally of 4%. Asian hours were favorable to AI tokens, with bittensor (TAO) and FET$0.2318 adding 5.8% and 4.1% apiece. The rise followed comments from Nvidia CEO

Open contracts on Hyperliquid's HIP-3 market surged to a record $1.74 billion, a 25% increase since mid-March. This growth is driven by the platform's 24/7 trading ability, fueled by geopolitical tensions affecting oil prices, benefiting both the platform and its native token, HYPE.

The U.S. has removed the 25,000 contract position limit on options for Bitcoin and Ethereum spot ETFs, bringing market rules more in line with traditional commodity ETFs. This increases hedging flexibility and strategic options for institutional investors while potentially strengthening liquidity. The move demonstrates regulatory confidence in the crypto asset market and is expected to attract more institutional capital inflows.

Gate News: On March 24, according to Hyperinsight monitoring, an address starting with '0x999b' was created 10 minutes ago. After depositing approximately 700,000 USD in principal, it opened a full 25x leveraged short position of 8,500 ETH, valued at approximately 19 million USD, and is currently continuing to add to the position. The address's average opening price is 2,163 USD, liquidation price is 2,196 USD, and current unrealized profit is approximately 80,000 USD.

Taiwanese-American entrepreneur Machi Big Brother has lost $75 million on Hyperliquid through leveraged trading, reducing his account to $30,000 amidst 335 liquidations. His experience underscores the risks of leveraging in crypto markets.

From 2026-03-24 07:45 to 2026-03-24 08:00 (UTC), BTC achieved a +0.54% return within 15 minutes, with a price range of 70835.5 to 71401.7 USDT and a volatility amplitude of 0.80%. During this anomalous movement period, market attention increased, with volatility magnitude slightly amplified compared to the previous period, causing some fluctuation in investors' short-term sentiment. The main driving force behind this anomalous movement is further outflows of leveraged funds from the futures market combined with strengthened dominance in the options market. From the overall March data, the open interest (OI) on futures contracts at mainstream exchanges shows a single

Gate News: On March 24, according to CoinAnk data, the entire network liquidated $430 million in the past 24 hours. Among these, long position liquidations were approximately $189 million, and short position liquidations were approximately $241 million. By cryptocurrency, Bitcoin liquidations were approximately $133 million, and Ethereum liquidations were approximately $82.34 million.

According to Gate News, on March 24th, an address opened a short position of 176 BTC with 40x leverage and suffered a small loss of $7,000, then quickly reversed to go long by opening a long position of 190 BTC. The account has incurred losses of approximately $8.5 million recently.

Bitcoin (BTC) experienced significant volatility following Trump's threats against Iran's nuclear facilities, with market capitalization evaporating $6 billion before rebounding to $71,000. The event triggered market panic, forcing traders into liquidations and demonstrating cryptocurrency's heightened sensitivity to geopolitical risks. Bitcoin has declined 23% year-to-date, with markets closely monitoring the subsequent impact of Trump's statements.

Gate News report: On March 24th, according to on-chain analyst Ai Yi's monitoring, a certain address is holding a 40x leverage short position of 650 BTC worth $46.09 million. The order opened at a price of $70,520 and is currently showing an unrealized loss of $246,000. If the price rises to $71,711, it will trigger liquidation. The address has set take-profit and stop-loss orders, with stop-loss beginning above $71,300 and gradual take-profit starting at $69,500.

NYSE Arca and NYSE American, subsidiaries of the New York Stock Exchange, submitted rule change applications to the U.S. SEC to remove position and exercise limits on Bitcoin and Ethereum spot ETFs, marking that all major options exchanges have completed this adjustment. The new rules allow cryptocurrency ETFs to be used in customized options trading, enabling institutional investors to execute more flexible hedging strategies with profound implications for market liquidity.

The 2025 cryptocurrency market collapse resulted in massive asset evaporation, but on-chain options startups are seizing growth opportunities. On-chain options demand is rising as institutional investors increasingly focus on options as a risk hedging tool, driving market diversification.

Recent changes have emerged in the Bitcoin derivatives market, with traders investing approximately $685 million in put options over the past 30 days, reflecting cautious market sentiment. This shift demonstrates that investors are transitioning from offensive strategies to risk management, particularly amid growing macroeconomic uncertainty. Rising demand for put options typically signals future price risks, as investors seek to balance between controlling drawdowns and locking in gains.

Gate News report: On March 24, according to Onchain Lens monitoring, trader James Wynn opened a new 40x leveraged BTC short position after experiencing a complete liquidation.

Gate News reported that on March 24, Hyperliquid crude oil contracts recorded a 24-hour total trading volume exceeding $2.2 billion, ranking third among all trading products, second only to BTC's $3.78 billion and ETH's $1.54 billion. Among these, the CL contract (mapped to WTI crude oil, or US West Texas Light Crude) had trading volume exceeding $1.25 billion, and the BRENTOIL contract (mapped to Brent crude oil, or North Sea crude oil) had trading volume exceeding $960 million.

Gate News bot message, according to Lookonchain, gambler 0x9657 opened a 50x long position on 1,236 SP500 ($8.09M) and a 25x long position on 2,346 $ETH ($5.01M). The liquidation prices are set at $6,525.59 for SP500 and $2,095.89 for $ETH. Previously, the same trader opened a 40x long position on 2

Gate News report: On March 24th, according to Onchain Lens monitoring, a whale address's long positions in Brent Crude Oil ($BRENTOIL) were completely liquidated due to a sudden price crash. On-chain data shows that the whale suffered a single loss of $3.08 million, with cumulative losses exceeding $4.4 million.

Gate News bot message, a whale's $BRENTOIL long position was fully liquidated following a sudden price drop, resulting in a loss of $3.08 million. The whale's total losses have exceeded $4.4 million. According to Onchain Lens, the whale had deposited $4.1 million USDC into an open BRENTOIL long posi

EDX Markets' EDXM International plans to launch perpetual futures contracts tracking the Korean won to US dollar exchange rate, aiming to provide a lower-cost on-chain alternative to replace traditional non-deliverable forward contracts.