To expand the discovery of crypto derivative trading opportunities for our users, we have now expanded our listings to include derivative markets, a growing trend in the cryptocurrency universe!
CoinMarketCap is now tracking and providing data on perpetual swaps from nine derivative exchanges for a start: BitMEX, OKEx, Binance, Deribit, FTX, Bybit, Kraken Futures, BTSE and BaseFEX.
What are crypto derivatives?
Both are agreements to buy or sell a certain quantity of a cryptoasset (e.g. 1 Bitcoin) for a certain price some time in the future.
Perpetual swaps are basically futures without a delivery or expiry date!
Interested to learn more about how crypto derivatives work? Check out “Crypto Derivatives, A Short Guide to A Growing Trade” (pun intended) here!
How to access this new derivative market data on CoinMarketCap?
To access information about these derivative market pairs immediately, CoinMarketCap users can access the Derivatives page here: http://coinmarketcap.com/derivatives or simply select “Derivatives” under the “Cryptocurrencies” tab on the home page.
More exchanges and markets will be listed on an ongoing basis to provide users a comprehensive overview of the world of crypto derivatives. So stay tuned!