Key Points
- •Record trading volume driven by BTC, ETH selloff.
- •Trading volume peaked at $22.8 billion.
- •Market volatility led to significant liquidations.
Deribit's trading volume reached a record $22.8 billion in 24 hours amidst a crypto market sell‑off on October 11, 2025. BTC and ETH volatility drove the surge, leading to significant liquidations and market shifts.
Deribit announced achieving a $22.8 billion trading volume within 24 hours on October 11, 2025, marking an all‑time high amid a volatile cryptocurrency market event.
Deribit's record trading volume emphasizes the heightened volatility in the cryptocurrency market, underscoring the significant activity prompted by Bitcoin and Ethereum selloffs.
Deribit set a new record with over $22.8 billion in 24‑hour trading volume according to its official X account. “Deribit has set a new record, with trading volume exceeding $22.8 billion in 24 hours.”
This record occurred during a market sell‑off in Bitcoin and Ethereum, creating unprecedented trading activity and volatility.
CEO John Jansen, co‑founder of Deribit, was mentioned without direct quotes. The record volume reflects the volatile movements of BTC and ETH, causing notable market reactions. Major cryptocurrencies experienced sharp declines, affecting the broader market dynamics.
Market observers noted that liquidations spiked across the industry. The sell‑off significantly altered trading behaviors, pushing many traders to adjust their positions. The cryptocurrency market experienced a cascading effect amidst this volatility, with economic analyses likening it to past events.
The surge in Deribit's trading volume may lead to increased scrutiny from regulatory bodies. The absence of institutional commentary leaves many questions about potential future impacts. Historically, such events have prompted evaluations of market structures and participant protections.