Binance, OKX, and Gate Rank Among the Global Top 3 Exchanges by Derivatives Trading Volume

Last Updated 2026-04-10 12:41:03
Reading Time: 1m
According to CoinDesk's latest Exchange Review, Gate delivered standout performance in March, becoming the world's third-largest centralized exchange in derivatives for the first time, while also ranking third globally in spot trading volume, marking a further step up in its position among leading global exchanges.

In derivatives markets, Binance and OKX led with 35.4% and 17.9% market share, respectively, followed by Gate at 12.0%, highlighting Gate's rise into the global top three. Concurrently, Gate ranked as the third-largest retail exchange by open interest (OI) with $8.68 billion, accounting for 9.76% of the total.

On the spot side, Gate maintained strong momentum, recording $55.7B in trading volume in March and ranking third globally among major exchanges. Together with Binance and Bybit, the three platforms accounted for approximately 44.8% of total spot trading volume among top-tier exchanges.

Overall, despite a broader market cooldown driven by macro factors and capital rotation toward commodities, Gate strengthened its position across key metrics, including derivatives market share, OI, and spot trading volume, reinforcing its presence across the industry.

Details: https://www.coindesk.com/research/exchange-review-march-2026

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