Coincall has joined the top five cryptocurrency options exchanges by trading volume and has introduced the "Trade to Earn" feature.

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 inception. This achievement highlights the platform's rapid growth in this increasingly institutional and retail interest-driven 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 new product launches with notable crypto partners like SignalPlus, DWF, and Big Candle Capital.

Crypto Options: From Niche Strategy to Core Market Structure

Once exclusive to quant teams and hedge funds, options are now becoming the preferred tool for native crypto investors. These contracts grant traders the right (not the obligation) to buy or sell assets at a set price—enabling complex hedging, volatility trading, and directional speculation.

As the digital asset market matures, crypto options are increasingly seen as a key piece of financial infrastructure. Reports this month indicated that Coinbase is rumored to be in talks to acquire the market-leading BTC and ETH options platform Deribit for a speculated $40-50 billion, bringing this narrative into the mainstream. While the talks have since cooled off, the message from the market is clear: crypto derivatives are no longer in the wings—they are now at center stage.

Youthful and Fastest-Growing Among the Top Five

Coincall's breakthrough is notable not only for its speed but also for its relative youth. The exchange, founded at the end of 2023, has now risen to the ranks of top exchanges, currently comprising 9-10% of Deribit's size.

According to Laevitas data, during the period of March 8 to 17, 2025, Coincall's average market share reached 5.43%, hitting 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 continuously strengthening.

Coincall's relative market share and growth trajectory have made it the youngest exchange to ever break into the top five and potentially one of the most attractive candidates for acquisitions or institutional partnerships among emerging platforms. As attention shifts from established giants to agile challengers, Coincall has become central to this discussion, with its market share approaching industry leader ByBit.

Vision Leading Development

In January of this year, Coincall appointed Daryl Teo, former Alibaba Group (Nasdaq: BABA) strategist and long-time cryptocurrency investorDaryl Teo, as Chief Operating Officer and minority shareholder. He joins the team led by CEO Jimmy, with other executives previously from OKX, Paradigm, and ByteDance.

“We are witnessing cryptocurrency gaining consensus-level legitimacy as a store of value,” Teo said. “Options are the next wave—they offer leverage, flexibility, and strategy. Coincall’s mission is simple: to make everyone’s investment fast, intuitive, and secure.”

“Earn While You Trade” Feature: Unleashing Yield + Capital Efficiency

Coincall’s latest innovation, “Earn While You Trade” (EWYT), aims to bridge the traditional trade-off between yield farming and active trading.

Through EWYT, users can:

• Earn up to 6.4% APY on USDT holdings

• Use 90% of collateral as trading margin

• Withdraw funds anytime with no lock-up period

• Enhance capital efficiency for active traders

This feature enables users to earn yield on idle funds without giving up trading activity, providing a new avenue for capital efficiency. For more information, please refer to this link.

Macro Trend: Crypto Infrastructure Heating Up

The rise of Coincall reflects a broader tailwind for crypto infrastructure. According to PitchBook data, venture capital investment in crypto and blockchain startups reached $11.5 billion 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.”

About Coincall

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 "earn as you trade," Coincall is shaping 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.