Derivatives exchange ranking

Ranked by reported perpetual and futures trading volume over the last 24 hours. Open interest is shown as a separate risk and positioning metric, not as the ranking metric.

Leveraged derivatives can look far larger than spot activity. High derivatives volume does not mean the spot market is deep, and open interest measures outstanding contracts rather than money held by the exchange.

#ExchangeDerivatives volume (24h)Open interestContract marketsCountrySource
1Binance$28.46B$32.92B821Cayman IslandsSource · 2026-10-18
2CoinUp.io$14.58B$4.91B96SingaporeSource · 2026-10-18
3OKX$11.11B$7.75B521United StatesSource · 2026-10-18
4Toobit$9.53B$5.53B782Cayman IslandsSource · 2026-10-18
5CoinW$9.29B$11.53B388—Source · 2026-10-18
6Tapbit$9.23B$9.19B110United StatesSource · 2026-10-18
7WEEX$9.20B$11.89B1052SingaporeSource · 2026-10-18
8OrangeX$8.81B$5.22B582SeychellesSource · 2026-10-18
9KCEX$8.42B$753.6M890SeychellesSource · 2026-10-18
10Deepcoin$7.69B$827.3M391SingaporeSource · 2026-10-18
11Ourbit$7.47B$1.97B770British Virgin IslandsSource · 2026-10-18
12Bybit$6.63B$13.08B937SeychellesSource · 2026-10-18
13MEXC$6.26B$13.07B1290SeychellesSource · 2026-10-18
14Gate$5.96B$13.26B1041PanamaSource · 2026-10-18
15BingX$5.47B$2.70B1337British Virgin IslandsSource · 2026-10-18
16BVOX$5.05B$578.7M395British Virgin IslandsSource · 2026-10-18
17WhiteBIT$4.86B$4.91B397LithuaniaSource · 2026-10-18
18XT.COM$4.84B$6.49B799SeychellesSource · 2026-10-18
19Dipcoin$4.80B$1.0M42SeychellesSource · 2026-10-18
20Deribit$4.30B$2.25B168NetherlandsSource · 2026-10-18
21Bitget$4.18B$8.69B909SeychellesSource · 2026-10-18
22LBank$4.13B$2.88B869British Virgin IslandsSource · 2026-10-18
23Hotcoin$3.82B$707.1M624SeychellesSource · 2026-10-18
24Zoomex$3.50B$629.2M716SeychellesSource · 2026-10-18
25Hyperliquid$3.49B$14.90B340Cayman IslandsSource · 2026-10-18
26Biconomy$2.55B$386.2M6British Virgin IslandsSource · 2026-10-18
27Bitunix$2.55B$1.44B781Saint Vincent and the GrenadinesSource · 2026-10-18
28KuCoin$1.55B$3.00B705SeychellesSource · 2026-10-18
29Bitrue$1.26B$2.59B740Costa RicaSource · 2026-10-18
30PrimeXBT$1.19B$1.31B160SeychellesSource · 2026-10-18
31Lighter$1.06B$1.05B202—Source · 2026-10-18
32AlphaX$1.00B$208.5M642AustraliaSource · 2026-10-18
33EVEDEX$889.0M$1.77B52Saint LuciaSource · 2026-10-18
34Variational Omni$857.5M$1.87B574PanamaSource · 2026-10-18
35Aster$687.4M$2.39B611SeychellesSource · 2026-10-18
36HTX$685.4M$2.24B401SeychellesSource · 2026-10-18
37Phemex$594.3M$2.22B146SamoaSource · 2026-10-18
38BitKan$589.1M$1.16B745British Virgin IslandsSource · 2026-10-18
39BTSE$559.3M$2.23B227British Virgin IslandsSource · 2026-10-18
40GRVT$520.4M$437.1M186British Virgin IslandsSource · 2026-10-18
41BigONE$463.8M$4.8M99SeychellesSource · 2026-10-18
42Robinhood Chain Lighter$420.2M$413.2M58United StatesSource · 2026-10-18
43Pacifica$390.4M$121.1M77British Virgin IslandsSource · 2026-10-18
44ApeX Omni$374.5M$153.3M135Saint Vincent and the GrenadinesSource · 2026-10-18
45BloFin$371.0M$1.08B503Marshall IslandsSource · 2026-10-18
46Kalshi$362.8M$104.7M27United StatesSource · 2026-10-18
47Kraken$343.4M$481.6M297United StatesSource · 2026-10-18
48edgeX$340.9M$429.9M185SingaporeSource · 2026-10-18
49Crypto.com Exchange$267.5M$1.36B422SingaporeSource · 2026-10-18
50Nado$241.9M$79.8M75PanamaSource · 2026-10-18

Top 50 listed derivatives venues account for $211.19B in reported 24h volume. BTC-denominated figures were converted at $81.7K per BTC at the same snapshot. Source checked 2026-10-18. View the spot ranking →

This list can include centralised and on-chain derivatives venues reported by CoinGecko. It is separate from our DEX directory and is not an endorsement or a safety score.