A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

The crypto derivatives market processed nearly $86 trillion in total volume in 2025, a year defined by institutional adoption and unprecedented stress tests. A new report from CoinGlass reveals a ...

Crypto derivatives trading volume reached nearly $86 trillion in 2025, with a daily average of about $265 billion, according to a CoinGlass report. Binance led all exchanges, processing $25.09 ...

Crypto derivatives trading surged to $86 trillion in 2025, averaging $265 billion per day, as Binance captured almost 30% of global volume, CoinGlass reported. Cryptocurrency derivatives trading ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...