Coincall records over $23 million in single-day block trade volume, signaling deep liquidity and robust execution for institutional clients.
As the crypto market enters a new cycle of volatility, institutions and high-net-worth individuals are increasingly turning to Coincall’s block trading desk to execute large-size orders without slippage.
Key Performance Metrics (Week of Nov 22 - Nov 30):
Key Performance Metrics (Week of Nov 22 - Nov 30):
- Record Liquidity Depth: On November 26th, the platform processed over $23,008,517 in notional value. Despite this high volume, the platform maintained a quote rate of 98%, demonstrating the depth of liquidity available to clients.
- High Execution Reliability: Fill rates remained exceptionally high throughout the period, consistently hitting 100% on multiple trading days. Even during the peak volume surge on Nov 26th, the fill rate stood at a robust 88%.
- Zero-Slippage Environment: The data indicates a "No Quote" rate of 0% for the majority of the trading week, proving that market makers on Coincall are actively meeting the demand for large-scale options exposure.
The numbers we are seeing on our RFQ desk—specifically the $23 million day—validate our thesis that institutions need a dedicated, liquid venue for crypto options. We aren't just matching orders; we are providing a high-touch, high-fill-rate environment where large trades can settle instantly and securely.
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