TokenInsight’s exchange research report for the third quarter of 2026 said total stock perpetual contract trading volume across nine major exchanges reached about $1.61 trillion. The report said that figure was more than three times the size of the commodity perpetual contract market.
By venue, Binance ranked first with roughly $943 billion in trading volume, giving it a 58.60% market share. OKX came in second at $254 billion, or 15.79%, while Bitget placed third with about $122 billion and a 7.60% share.
The three exchanges together accounted for more than 80% of the stock perpetual contract market, according to the report. TokenInsight said the numbers point to a market structure in which trading activity is concentrated among the largest platforms.
According to a Q3 2026 exchange research report released by TokenInsight, total stock perpetual contract trading volume across nine major exchanges reached about $1.61 trillion, more than three times the size of the commodity perpetual contract market.
Among individual platforms, Binance ranked first with about $943 billion in trading volume and a 58.60% market share. OKX was second with $254 billion, accounting for 15.79%, while Bitget ranked third with about $122 billion and a 7.60% share.
The report said the top three exchanges together held more than 80% of the stock perpetual contract market, showing that trading volume in the segment is concentrated on leading platforms.
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