Bittime Reveals Derivatives Account for 84 Per Cent of Global Crypto Trading Volume
Derivative trading accounted for approximately 8 lot 84 per cent of global cryptocurrency trading volume in June 2026. Bittime views this dominance as an indicator of the expanding crypto asset futures market in Indonesia.
Based on CoinMarketCap data observed by Bittime, out of a total trading volume of approximately US$4.74 trillion across 11 major exchanges during June 2026, around US$4 trillion originated from derivative trading.
Lely Marthadinata, a senior trader and founder of the trader community Theory of Whales, stated that the dominance of derivatives shows that these instruments have become a central hub for global crypto asset trading activity.
“Globally, derivatives have become a focal point of crypto trading activity. Therefore, the development of futures in Indonesia represents a significant opportunity for the national digital asset industry, even though the local market is still in its early stages,” Lely said in a press release on Wednesday (2/9/2026).
According to Lely, the growth of the futures market in Indonesia must be accompanied by improvements in trading quality, particularly regarding liquidity, technology, transaction costs, and product variety. These factors are key considerations for traders when selecting a platform for futures trading.
Global trader positions also reflect the dynamics of futures trading. Based on global market data observed by Bittime on the morning of 1 September 2026, 69.74 per cent of investors were in a long position on ETHUSDT perpetual contracts, while 30.26 per cent were in a short position, resulting in a long/short ratio of 2.30.
Meanwhile, trader positions on Bitcoin were more balanced. In BTCUSDT perpetual contracts, 50 per cent of accounts were in long positions and 50 per cent in short positions, with a long/short ratio of 1.00.
This data indicates that long positions were more dominant in Ethereum compared to Bitcoin at the time of observation. However, the long/short ratio only reflects trader positions at a specific moment and can change rapidly following market conditions, meaning it cannot be used to guarantee asset price direction.
Bittime Chief Operating Officer Ryan Lymn stated that the characteristics of futures allow traders to take both long and short positions according to their strategies and market conditions.
“Futures provide flexibility for traders to take long or short positions. However, this opportunity must be balanced with an understanding of product mechanisms and risk management,” said Ryan.
According to Ryan, futures possess different characteristics compared to spot trading, particularly regarding margin, leverage, volatility, and liquidation risk. Therefore, transaction decisions should be based on strategy and market understanding, rather than simply following price movements or FOMO (Fear Of Missing Out).
In Indonesia, the crypto asset derivatives market is also beginning to show increased activity. The Financial Services Authority (OJK) recorded that crypto asset derivative transaction values reached Rp3.41 trillion in July 2026, while total crypto asset transactions reached Rp20.52 trillion, with the number of digital financial trading consumer accounts reaching 22.93 million.
Ryan noted that this development shows significant room for the growth of the futures market in Indonesia.
“We see that futures have room to grow as the needs and strategies of investors in the digital asset market become more diverse. Moving forward, this growth needs to be supported by product innovation and increased literacy so that the futures ecosystem can develop healthily,” said Ryan.
Trading activity is also reflected in Bittime Futures’ internal data over the last seven days. BTCUSDT-PERP, HYPEUSDT-PERP, and PUMPUSDT-PERP were recorded as some of the top tokens on the platform.
Bitcoin remains one of the most heavily traded assets, while HYPE and PUMP indicate interest in assets with different characteristics within the futures market.
For users, futures trading carries higher risks than spot transactions, primarily because the use of leverage can amplify both profits and losses. Bittime requires users to complete a knowledge test before accessing futures features.
Bittime Futures is one of the services within the Bittime platform, which also includes spot trading and staking. Bittime is a Digital Financial Asset Trader (PAKD) registered and supervised by the OJK.
The development of the global derivatives market suggests that the growth of futures in Indonesia is not merely about an increase in trading instrument options. The quality of liquidity, technology, transaction costs, consumer protection, and risk awareness will ultimately determine the development of this market.