RootData said in its report titled "Explosive Growth in Stock Derivatives in 2026: Exchange Landscape and Key Trends" that the stock derivatives segment has moved from a marginal testing phase into a period of rapid volume expansion. From January to August, cumulative trading volume in the sector reached about $1.75 trillion.
By cumulative turnover, market activity remained concentrated among the largest venues. Binance led with $853.58 billion and a 61.3% share. Bitget ranked second with $270.85 billion and 19.5%, followed by OKX with $234.39 billion and 16.8%. Bybit placed fourth with $33.41 billion and a 2.4% share.
On liquidity, the report said Binance and Bitget together accounted for more than 70% of order book liquidity in stock derivatives under the ±2% weighted depth metric. Binance posted average daily depth of about $10.10 million, while Bitget reached $4.82 million. OKX and Bybit recorded $3.87 million and $1.16 million, respectively.
For trading costs, Bitget ranked first in a weighted spread comparison covering more than 10 representative popular instruments, at 0.0144%. Binance followed closely at 0.0145%, with the report saying the two were broadly at the same level. OKX came in at 0.0154%, and Bybit at 0.0237%.
RootData said in a report titled "Explosive Growth in Stock Derivatives in 2026: Exchange Landscape and Key Trends" that the stock derivatives segment has shifted from a marginal trial stage to a period of rapid volume expansion, with cumulative trading volume reaching about $1.75 trillion from January through August.
Turnover remained concentrated among the largest exchanges
By cumulative trading volume, the market continued to show a strong concentration at the top. Among the four exchanges covered, Binance ranked first with $853.58 billion and a 61.3% share. Bitget came second with $270.85 billion and 19.5%, followed by OKX with $234.39 billion and 16.8%. Bybit ranked fourth with $33.41 billion and a 2.4% share.
Binance and Bitget carried more than 70% of order book liquidity
On liquidity, the report used the ±2% weighted order book depth metric and said Binance and Bitget together carried more than 70% of stock derivatives order book liquidity. Binance posted average daily order book depth of about $10.10 million, followed by Bitget at $4.82 million. OKX and Bybit recorded $3.87 million and $1.16 million, respectively.
Bitget ranked first on weighted spread across more than 10 popular instruments
For trading costs, RootData compared weighted spreads across more than 10 representative popular instruments. Bitget ranked first at 0.0144%, with Binance close behind at 0.0145%. The report said the two were basically at the same level. OKX posted 0.0154%, while Bybit came in at 0.0237%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
