KBRN, Jakarta: PT Central Finansial X (CFX), a leading crypto exchange in Indonesia, has recorded a surge in crypto derivative transactions reaching IDR 73.8 trillion over the past six months.

This rapid growth reflects increasing domestic investor interest in derivative products, which now account for 22 percent of the total national crypto asset transactions. CFX plans to expand the variety of derivative contracts to deepen liquidity and strengthen Indonesia’s crypto market position on the global stage.

According to CFX President Director Subani, in the six months since March 2025, the exchange’s crypto derivative transactions hit IDR 67.9 trillion, more than a tenfold increase compared to the previous six months from September 2024 to February 2025.

“This growth trend shows that crypto derivatives now contribute about 22 percent of Indonesia’s total crypto asset transactions from January to August 2025,” Subani said in a statement from Jakarta on Monday, September 22, 2025, as quoted by antaranews.com.

He emphasized the potential for continued growth, given Indonesia’s large crypto market compared to the global landscape.

“Globally, crypto derivatives trading volume can be four to eight times larger than spot trading, indicating significant growth opportunities here in Indonesia. We are optimistic that crypto derivatives will further expand and play a key role in deepening the liquidity of the Indonesian crypto market,” Subani added.

CFX initially launched crypto derivatives trading with three contracts: BTCUSDT-PERP, ETHUSDT-PERP, and SOLUSDT-PERP. By August 31, 2025, the number of available derivatives contracts had grown to 192.

Among these, BTCUSDT-PERP, ETHUSDT-PERP, SOLUSDT-PERP, PEPEUSDT-PERP, and XRPUSDT-PERP have been the five most actively traded contracts over the past year.

Subani highlighted that a key advantage of crypto derivatives is that they allow traders to hedge their positions, enabling profitable trading in both rising and falling markets.

To meet growing demand, CFX plans to expand its offerings by adding more crypto derivatives contracts. “We will continue to introduce new contracts, following a strict selection process to ensure each product is innovative and complies with regulations. We hope this expanded variety will further boost interest in crypto derivatives among Indonesian investors,” Subani concluded. ***