Dogecoin futures trading has surged in the past 24 hours, with BitMEX recording the most significant jump in DOGE futures activity. Volumes spiked by 53,255% in a single day, reaching $260.34 million, according to data from CoinGlass. Multiple exchanges reported substantial increases in DOGE futures trading as the market heads toward the end of 2025.
This surge is one of the largest single-day increases for the meme-based cryptocurrency this year. The unusual activity comes amid thinning market liquidity, prompting traders to adjust positions and seek capital preservation as the calendar year closes. Dogecoin futures have surged over the past 24 hours, led by a sharp rise on BitMEX.
Data from CoinGlass show volumes spiking by 53,255% in a single day, reaching $260.34 million. This marks one of the year’s largest daily increases for the meme-based asset. The move comes as multiple venues report heightened trading activity as the cryptocurrency market approaches the end of 2025.
The notable surge underscores growing interest in hedging and repositioning amid shifting market dynamics and thinning liquidity. As year-end trading activity intensifies, traders are adjusting their positions to preserve capital and manage risk, reflecting broader liquidity constraints as markets close out the year.
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