Binance has secured the highest Bitcoin 24-hour contract trading volume among leading centralized exchanges (CEXs), with Bitget and Bybit following in second and third positions respectively, according to Coinglass data.
The platform recorded $19.26 billion in derivatives trading volume, reinforcing its dominance in cryptocurrency derivatives markets. Bitget followed with $11.63 billion, signaling its expanding influence among professional traders, while Bybit registered $8.808 billion to maintain its competitive position.
This volume concentration highlights substantial liquidity and trading activity across these platforms, key indicators for investors evaluating market depth and volatility. Monitoring such metrics provides critical insights into market sentiment and exchange reliability, supporting strategic decision-making for cryptocurrency traders navigating derivatives markets.