The average daily trading volume on CME Group reached a record 28.1 million contracts by the end of 2025. At the same time, trading volume in crypto derivatives on the exchange more than doubled over the year.
Throughout 2025, CME Group, the largest financial derivatives marketplace in North America, posted record trading volumes. In particular, the average daily volume of crypto derivatives on the platform reached 278,000 contracts, with a total notional value of $12 billion.
Although cryptocurrency derivatives weren’t the most popular assets on CME Group, they showed one of the highest annual growth rates among all asset classes on the exchange in 2025, reaching 139%. The main contributors to the average daily trading volume were:
- Micro Ether futures — 144,000 contracts;
- Micro Bitcoin futures — 75,000 contracts;
- Standard Ethereum futures — 19,000 contracts.
In Q4 2025, crypto derivatives set a new quarterly record of 379,000 contracts per day with a notional value of $13.3 billion, while in December, the average daily volume stood at 339,000 contracts.
According to the CME Group report, 2025 marked the highest figures in the company’s history. Record trading volumes were recorded on an annual basis, as well as in Q4 and in December. The average daily trading volume in 2025 reached 28.1 million contracts, up 6% YoY. Average daily volume in Q4 reached 27.4 million contracts, and in December — 23.5 million contracts.
The report notes that growth was driven by all key asset classes, including interest rates, equities, commodities, and cryptocurrencies.
The largest contribution to the annual result came from the interest rate segment, where average daily volume rose by 4% to a record 14.2 million contracts. Trading volume in U.S. Treasury futures and options amounted to 8.3 million contracts per day, while the SOFR complex reached 5.4 million contracts. Equity index products also showed steady growth — average daily volume in equity indices increased by 8% to 7.4 million contracts, with Micro E-mini Nasdaq-100 trading reaching 1.6 million contracts per day.
Commodity markets also demonstrated strong momentum. In the energy segment, average daily volume grew by 8% to 2.7 million contracts; in agriculture, by 8% to 1.9 million contracts. The highest growth rate over the year was recorded in metals, where volume increased by 34% to 988,000 contracts.
Activity outside the United States also reached an all-time high. International average daily trading volume rose by 8% to 8.4 million contracts, including 6.1 million contracts in the Europe, Middle East, and Africa (EMEA) region and 1.9 million contracts in the Asia-Pacific (APAC) region. Moreover, CME Group analysts noted growth in the repo market, where the average daily notional volume of transactions in the U.S. increased by 14% to $386 billion, and in Europe by 11% to €305 billion.
In 2025, CME Group began testing the Google Cloud Universal Ledger (GCUL) DLT network to integrate and manage tokenized real-world assets (RWA) in order to improve the efficiency and transparency of capital markets, and also introduced new Bitcoin expected volatility indices.
