Top 3 Crypto Exchanges by Derivatives Volume

Ranking the largest global platforms based on daily derivatives trading volume to contextualize Coinbase's market position.

The top 3

  1. Binance: The Undisputed Volume Leader: Binance consistently handles the highest daily derivatives volume, often exceeding $40 billion in open interest. Binance
  2. Bybit: The Fast-Rising Derivatives Specialist: Bybit has solidified its position as the second-largest venue, focusing heavily on perpetual contracts and high leverage. Bybit
  3. OKX: The Global Derivatives Contender: OKX maintains strong market share in global derivatives, trailing only the top two in overall liquidity and open interest. OKX

Sources

Open the full topic