Dogecoin Futures Surge 53,255% in 24 Hours
Dogecoin futures trading exploded over the 24 hours ending Dec 22, 2025, with volumes rising approximately 53,255% across leading derivatives platforms, according to exchange reports and market trackers. The spike lifted open interest and bid-side activity on major venues, and coincided with a revival in retail chatter and heightened social media focus on memecoins.
Traders and analysts point to a mix of catalysts — concentrated long positions from retail participants, possible options expiries, low liquidity that amplifies leverage, and broader memecoin momentum — as likely drivers. The extreme move increases the risk of sharp spot volatility and liquidation cascades; market participants should expect rapid price swings and manage leverage accordingly while institutional participation remains limited.