Study Reveals Gen Z Dominates Crypto Futures, Women Increase 20% YoY
A joint study by Pi42 and Hashed Emergent highlights rapid change in India’s crypto derivatives landscape. The report shows youthful traders and growing female participation driving much of the momentum. Results point to deeper retail engagement outside major metros.
Major findings
New entrants skew young. Sixty-one percent of new traders fall in the 18–25 age bracket. This shows Gen Z interest in crypto futures is strong.
Women’s participation rose sharply. The study reports a women increase 20% YoY. Women now make up almost one in eight traders.
Trade behavior is evolving. Average trade size climbed from about $1,051 in 2024 to roughly $1,960 recently. Daily trading also rose from roughly 45% to nearly 60% of active users.
Profit-taking and awareness
About one in four derivatives traders reported booking profits. That suggests improving risk management and strategy awareness among retail investors. Traders appear more confident and better informed.
Geographic trends
Adoption is spreading beyond metro centers. North-East India leads with nearly 32% of retail investors on the platform. Arunachal Pradesh, Assam and Meghalaya are the top states in that region.
North and Central regions doubled activity in 2025. Eastern India grew about sixfold, according to the study. Tier 2 and Tier 3 states are emerging as new trading hubs.
Industry perspective
Avinash Shekhar, Co-Founder and CEO of Pi42, said the data shows a structural shift. He noted resilience despite global macro and geopolitical uncertainties.
Tak Lee, CEO and Managing Partner of Hashed Emergent, warned this is no longer a niche, metro-driven trend. He sees derivatives becoming the entry point for digitally native investors.
Implications for platforms and regulators
The study suggests INR-based derivatives platforms can expand access. Wider participation may strengthen India’s digital asset ecosystem. Platforms will need to focus on education and risk controls.
| Metric | Value |
|---|---|
| Share of new traders aged 18–25 | 61% |
| Women participation growth | 20% YoY |
| Women as proportion of traders | ~12.5% |
| Avg. trade size (2024 → recent) | $1,051 → $1,960 |
| Daily trading activity | ~45% → ~60% |
| Retail traders booking profits | ~25% |
| North-East retail share | ~32% |
Overall, the research paints a picture of widening adoption. Gen Z engagement and regional growth are changing market dynamics. Filmogaz.com will monitor further developments closely.
