CoinGecko estimated global centralized crypto perpetual trading volume at $85.3 trillion in 2025, while perpetual open interest grew 40.6% to over $100 billion in Q3 2026

Price action and market structure across digital assets, including rallies and crashes, leverage and liquidations, and whether the four-year cycle still holds.

Futures, options, and perpetual swaps tied to digital-asset prices, letting traders hedge or lever positions and often dwarfing spot volumes.