Crypto SPCX Contracts Hit $5.3B in 24 Hours, Representing 22.1% of Nasdaq SpaceX Volume

According to BlockBeats, citing Hyperinsight monitoring data, on June 24, SPCX (SpaceX) derivative contracts saw $5.3 billion in trading volume over a single trading day, representing approximately 22.1% of Nasdaq's concurrent SpaceX trading volume of $23.9 billion. Binance contributed roughly $3 billion, while Trade.xyz contributed approximately $820 million.

Trade.xyz recorded $3.4 billion in total trading volume over the same period. Throughout the past week, the platform's trading share across multiple traditional asset targets including DRAM, SpaceX, SK Hynix, and CBRS reached new highs, each representing approximately 2% of their respective traditional market volumes.