United Arab Emirates Dubai, March 28, 2025, Chainwire
Cryptocurrency exchange Coincall has officially entered the top five global cryptocurrency options exchange trading volume, a milestone achieved just 18 months after its establishment. This achievement highlights the platform's rapid growth in this increasingly institutional and retail-interesting space.
According to internal data and third-party analysis, the performance surge is attributed to a successful first-quarter strategy, including high-impact marketing campaigns and product launches with well-known crypto partners such as SignalPlus, DWF, and Big Candle Capital.
Once exclusive to quant teams and hedge funds, options are now becoming the preferred tool of crypto-native investors. These contracts give traders the right (not obligation) to buy or sell assets at a set price—enabling sophisticated hedging, volatility trading, and directional speculation.
As the digital asset market matures, crypto options are increasingly seen as a key part of financial infrastructure. Reports this month indicated that Coinbase is rumored to be acquiring the market-leading BTC and ETH options platform Deribit for a speculated $40-50 billion, bringing this narrative into the mainstream. While negotiations have cooled off, the market signal is clear: crypto derivatives are no longer supporting roles—they are now the main act.
Coincall's breakout is notable not just for its speed but also for its relative youth. The exchange, founded in late 2023, has quickly risen to the ranks of top exchanges, currently holding 9-10% of Deribit's size.
According to Laevitas data, between March 8 and 17, 2025, Coincall had an average market share of 5.43%, reaching a peak of 10.15% on March 15. The exchange recorded market shares of 9.78% on March 8 and 6.64% on March 16, indicating its momentum and competitiveness in the global crypto options space are continuing to strengthen.
Coincall's relative market share and growth trajectory make it the youngest exchange to ever break into the top five and could position it as one of the most promising candidates for acquisition or institutional partnerships among emerging platforms. As attention shifts from established giants to agile challengers, Coincall has become a focal point of this discussion, with its market share approaching industry giant ByBit.
In January of this year, Coincall appointed Daryl Teo, former Alibaba Group (Nasdaq: BABA) strategist and long-time cryptocurrency investor, as Chief Operating Officer and minority shareholder. He joined the team led by CEO Jimmy, with other executive members who previously came from OKX, Paradigm, and ByteDance.
“We are witnessing cryptocurrency gaining consensus-level legitimacy as a store of value,” Teo stated. “Options are the next wave — they provide leverage, flexibility, and strategy. Coincall’s mission is simple: to make everyone’s investment quick, intuitive, and secure.”
“Earn While You Trade” Feature: Unlocking Yield + Capital Efficiency
Coincall’s latest innovation, “Earn While You Trade” (EWYT), aims to eliminate the traditional trade-off between yield farming and active trading.
Through EWYT, users can:
• Earn up to 6.4% USDT holding APY
• Use 90% of staked funds as trading margin
• Withdraw funds at any time — no lock-up period
• Enhance capital efficiency for active traders
This feature enables users to earn yield on idle funds while not foregoing trading activity, providing a new avenue for capital utilization.
Coincall’s rise reflects a broader tailwind for crypto infrastructure. According to PitchBook data, venture capital invested $11.5 billion in crypto and blockchain startups in 2024 across 2,153 deals — a strong rebound post the previous bear market cycle.
“The next phase of the crypto industry will be defined by true infrastructure,” Teo said. “Those intentionally building platforms with a focus on capital efficiency and user accessibility will shape the next decade.”
Coincall is a next-generation cryptocurrency options exchange founded in 2023, focusing on accessibility, capital efficiency, and a seamless trading experience. With deep liquidity, fast execution, and innovative features like "trade to earn," Coincall is building the future of digital asset derivatives.
Contact Information
Daryl Teo
Coincall
daryl@coincall.com
Head of Marketing
Vera K.
Coincall
vera.k@coincall.com
This article is contributed content and does not represent the views of BlockBeats.
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