Coincall ranks among the top five exchanges in cryptocurrency options trading volume, launching a new feature of "earning while trading."

Author: Coincall

The cryptocurrency exchange Coincall has officially entered the ranks of the top five cryptocurrency options exchanges in the world, achieving this milestone just 18 months after its establishment. This represents an important milestone and highlights the platform's rapid growth in a market increasingly focused on both institutional and retail investors.

According to internal data and third-party analytics, Coincall's performance surge is closely related to its successful strategies in the first quarter, which include efficient marketing campaigns and the launch of several new products, in collaboration with well-known cryptocurrency partners such as SignalPlus, DWF, and Big Candle Capital.

Cryptocurrency Options: From Niche Strategy to Core Market Structure

Options, once available only to quantitative traders and hedge funds, have gradually become an essential tool for crypto-native investors. These contracts give traders the right (but not the obligation) to buy or sell an asset at a specific price, allowing for advanced hedging, volatility trading, and directional speculation.

As the overall digital asset market matures, cryptocurrency options are increasingly seen as a key component of financial infrastructure. This narrative became mainstream this month as reports emerged that Coinbase is in acquisition talks with Deribit, the dominant platform for BTC and ETH options, with an estimated deal value of $4 to $5 billion. Although negotiations have slowed, the market has sent a clear signal: cryptocurrency derivatives are no longer a fringe market but a main battleground.

The Youngest Top Five Exchange with the Fastest Growth

Coincall's rise is not only remarkable in speed but also noteworthy for its "youth." The exchange was established at the end of 2023 and has already ranked among the industry's leaders, currently accounting for about 9% to 10% of Deribit.

According to Laevitas data, Coincall's average market share from March 8 to March 17, 2025, was 5.43%, peaking at 10.15% on March 15. The platform also recorded impressive performances on March 8 and March 16, with market shares of 9.78% and 6.64% respectively, demonstrating its momentum and increasing competitiveness in the global cryptocurrency options market.

Coincall's relative market share and growth curve make it the youngest exchange ever to enter the top five and possibly one of the most attractive emerging platforms for acquisition or institutional collaboration. As market focus shifts from mature giants to agile challengers, Coincall has successfully positioned itself at the core of discussions, with its market performance approaching that of industry leaders.

A Vision-Driven Leadership Team

In January 2024, Coincall appointed former Alibaba Group (NASDAQ: BABA) strategist and long-time crypto market investor Daryl Teo as Chief Operating Officer (COO) and a minority shareholder. He joins the executive team led by CEO Jimmy, which includes industry veterans from OKX, Paradigm, and ByteDance.

"We are witnessing cryptocurrency achieving a legitimate status as a store of value with market consensus," Teo stated. "Options will be the next wave—they combine leverage, flexibility, and strategy. Coincall's mission is simple: to make investing fast, intuitive, and secure for everyone."

"Earn While You Trade" Feature: Unlocking Returns and Capital Efficiency Simultaneously

Coincall's latest innovative feature, "Earn While You Trade (EWYT)," aims to break the traditional trade-off between "yield farming" and "active trading."

Through EWYT, users can:

• Earn up to 6.4% annualized returns on USDT holdings
• Use up to 90% of staked funds as trading margin
• Withdraw funds at any time—no lock-up period
• Enhance capital efficiency for active traders

This feature allows users to unlock the earning potential of idle funds without sacrificing trading activity, providing a more efficient way to utilize capital.

Users can explore this product further on the platform.

Macro Drivers: A Strong Return of Crypto Infrastructure

Coincall's rise reflects a robust recovery in the overall cryptocurrency infrastructure market. According to PitchBook, a total of $11.5 billion in venture capital was invested in crypto and blockchain startups in 2024, totaling 2,153 transactions—indicating a strong rebound in the market following the last bear cycle.

"The next phase of the crypto industry will be defined by real infrastructure," Teo stated. "Platforms built with capital efficiency and user accessibility at their core will shape the landscape for the next decade."

About Coincall

Coincall is a next-generation cryptocurrency options exchange established in 2023, focusing on accessibility, capital efficiency, and a seamless trading experience. With deep liquidity, fast transaction speeds, and innovative features like "Earn While You Trade," Coincall is shaping the future of the digital asset derivatives market.