Binance’s USD-margined perpetual open interest is $27.274 billion, ranking first globally.
According to DeFiLlama data, the top three global trading platforms by USD-margined perpetual open interest are Binance ($27.274 billion), OKX ($6.544 billion), and Gate ($6.262 billion).
· This ranking is based on open interest, reflecting the USD-denominated value of outstanding contracts. It does not represent trading volume or the number of users.
· This is a snapshot at a single point in time, and the ranking covers only USD-margined perpetual contracts.
When looking at exchange derivatives data, do you check open interest or trading volume first?
According to DeFiLlama data, the top three global trading platforms by USD-margined perpetual open interest are Binance ($27.274 billion), OKX ($6.544 billion), and Gate ($6.262 billion).
· This ranking is based on open interest, reflecting the USD-denominated value of outstanding contracts. It does not represent trading volume or the number of users.
· This is a snapshot at a single point in time, and the ranking covers only USD-margined perpetual contracts.
When looking at exchange derivatives data, do you check open interest or trading volume first?
