RootData has released its latest ranking of stock spot exchanges, based on publicly available trade and order book data. The ranking compares exchanges on trading scale, liquidity, and active products in the stock spot market, and also maps how stock products and brokerage channels are covered across platforms. Binance ranks first with a score of 83.65, a 24-hour public order book trading volume of approximately $294 million, and a market share of 50.82%. Bitget takes second place with a score of 75.54, a 24-hour public order book trading volume of about $45.36 million, and a market share of 7.83%. Gate is third with a score of 74.76, a 24-hour public order book trading volume of roughly $75.83 million, and a market share of 13.09%. The three exchanges together hold approximately 71.74% of the market, with Binance alone accounting for more than half at 50.82%. This reflects a clear concentration at the top, driven by Binance's dominant share in public order book trading.
RootData’s latest stock spot exchange ranking puts Binance in first place, with Bitget and Gate close behind. The list relies on public trade data and order book data to measure trading scale, liquidity, and the number of active products each platform offers in the stock spot market. It also lays out which exchanges list stock products and which brokerage channels they support.
Binance leads with a score of 83.65. Its 24-hour public order book trading volume sits at roughly $294 million, good for a 50.82% market share. Bitget follows with a score of 75.54, 24-hour public order book volume of about $45.36 million, and a 7.83% share. Gate takes third. Its score comes in at 74.76, alongside 24-hour public order book volume of approximately $75.83 million and a 13.09% share.
Combined, the top three exchanges account for about 71.74% of the market. And Binance alone holds more than half, at 50.82%. Hard to miss. That is a clear sign of the exchange’s dominance.
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