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[Ethereum's Contract Trading Volume Hits Record High This Year, Futures Trading Volume Exceeds $6.74 Trillion] CryptoQuant analyst Darkfost pointed out that Ethereum's contract trading volume this year has far surpassed previous levels. Taking Binance as an example, futures trading volume exceeded $6.74 trillion, nearly double that of 2024. Over the past year, the ratio of spot to futures trading was approximately 0.2, reflecting the market's heavy reliance on leverage. Futures trading has significantly influenced Ethereum's price trends. This year, Ethereum's price volatility was amplified, ultimately achieving a historic high by a narrow margin.