Avinash Shekhar, Co Founder and CEO, Pi42, and Tak Lee, CEO and Managing Partner, Hashed Emergent, highlight rising participation, larger trade sizes, and growth beyond metro cities
India’s crypto derivatives market is witnessing a shift in participation patterns, with younger investors and emerging regions driving growth, according to a study by Pi42 and Hashed Emergent.
The data shows that 61 percent of crypto futures traders are from the Gen Z age group of 18 to 25 years, indicating a strong presence of digitally native investors in the segment. Participation among women has also increased, with women now accounting for nearly one in eight traders on the platform.
The study highlights a rise in investor activity and conviction. Average trade size has nearly doubled from around $1,051 in 2024 to approximately $1,960, while trading frequency has increased, with close to 60 percent of active traders engaging in daily transactions.
Regional trends point to strong momentum beyond metro cities. Eastern India accounts for nearly 32 percent of retail participation, with states such as Assam, Arunachal Pradesh, and Meghalaya emerging as key contributors. The data reflects a broader shift towards adoption in Tier 2 and Tier 3 markets.
Avinash Shekhar, Co Founder and CEO, Pi42, said, “The data reflects a structural shift in how Indian investors are engaging with crypto derivatives. We are seeing younger users adopt more informed and strategic approaches, while participation from emerging regions continues to grow.”
Tak Lee, CEO and Managing Partner, Hashed Emergent, said the trends indicate that crypto derivatives are becoming an entry point for a new generation of investors, with adoption expanding beyond traditional urban centres.
The study is based on insights from over 2 lakh crypto futures traders on the Pi42 platform, covering trading activity between January and December 2025. It forms part of the broader India Web3 Landscape Report by Hashed Emergent.
The findings suggest that India’s crypto ecosystem continues to evolve, supported by rising awareness, increasing participation, and expanding access across regions.
At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.