March 28, 2025 – Dubai, United Arab Emirates
Crypto exchange Coincall has officially entered the top five global crypto options exchanges by trading volume, marking a major milestone just 18 months after its founding.
The achievement highlights the platform’s rapid growth in a sector that’s increasingly drawing both institutional and retail interest.
The surge in performance, according to internal data and third-party analytics, is linked to a successful Q1 strategy that included high-impact marketing campaigns and new product rollouts, in collaboration with notable crypto partners such as SignalPlus, DWF and Big Candle Capital.
Crypto options From niche strategy to core market structure
Once reserved for quants and hedge funds, options are now becoming a go-to instrument for crypto-native investors.
These contracts give traders the right but not the obligation to buy or sell assets at a set price enabling sophisticated hedging, volatility plays and directional speculation.
As the broader digital asset market matures, crypto options are increasingly viewed as a critical building block of the financial stack.
That narrative hit the mainstream this month when reports emerged of Coinbase being in advanced talks to acquire Deribit the market’s dominant BTC and ETH options venue for a rumored $4-5 billion.
Although negotiations have since tapered, the message from the market is clear crypto derivatives are no longer a sideshow they’re center stage.
Youngest in the top five and fastest rising
Coincall’s breakout is notable not just for its velocity but for the company’s relative youth.
Founded in late 2023, Coincall now ranks among the top exchanges in the space, with it currently 9-10% the size of Deribit.
According to data from Laevitas, Coincall captured an average market share of 5.43% between March 8-17, 2025, with a notable peak at 10.15% on March 15.
The exchange also saw strong volume days with 9.78% share on March 8 and 6.64% on March 16 signaling rising momentum and growing competitiveness in the global crypto options landscape.
Coincall’s comparative market share and growth trajectory make it the youngest exchange ever to break into the top five, and potentially one of the most viable candidates for acquisition or institutional partnership among rising players.
As attention shifts from mature giants to agile challengers, Coincall has positioned itself at the center of that conversation, growing into almost the same market share as industry giant ByBit.
Leadership backed by vision
In January 2025, Coincall appointed Daryl Teo former strategist at Alibaba Group (NASDAQ: BABA) and a long-time investor in the crypto space as chief operating officer and minority shareholder.
He joins CEO Jimmy’s team of executives previously from OKX, Paradigm and Bytedance.
Teo said,
“We’re witnessing crypto achieve consensus-level legitimacy as a store of value. Options are the next wave they provide leverage, flexibility and strategy.
“Our mission at Coincall is simple make investing quick, intuitive and safe for everyone.”
‘Earn while you trade’ feature Unlocking yield and capital efficiency
Coincall’s latest innovation, EWYT (earn while you trade), is designed to eliminate the traditional tradeoff between yield farming and active trading.
With EWYT, users can do the following.
- Earn up to 6.4% APR on USDT holdings
- Access 90% of staked funds as trading margin
- Withdraw funds at any time no lock-ups
- Increased capital efficiency for active traders
The feature enables users to earn yield on idle capital without forgoing trading activity, offering an alternative approach to capital utilization.
Users can explore the product here.
Macro momentum Crypto infrastructure is back
Coincall’s rise reflects broader tailwinds in crypto infrastructure.
According to PitchBook, $11.5 billion in venture capital was invested into crypto and blockchain startups in 2024 across 2,153 deals a strong rebound after the prior bear cycle.
Teo said,
“The next phase of crypto will be defined by real infrastructure. The platforms building with intention with capital efficiency and user accessibility in mind will shape the decade ahead.”
About Coincall
Coincall is a next-generation cryptocurrency options exchange founded in 2023, focused on accessibility, capital efficiency and a seamless trading experience.
With deep liquidity, fast execution and innovative features like ‘earn while you trade,’ Coincall is building the future of digital asset derivatives.
Contact
Daryl Teo, COO of Coincall
Vera K., marketing lead of Coincall
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
Follow Us on X Facebook Telegram
Check out the Latest Industry Announcements