TechFlow News, May 15: Amid a short-term pullback in spot gold prices and heightened market volatility, trading volume for XAU perpetual contracts surged significantly. According to CoinGlass data, the current XAU price stands at $4,573.68, down 2.52% over the past 24 hours; meanwhile, the total 24-hour trading volume across all XAU perpetual contracts reached $2.37 billion, representing a 50.52% increase from the previous period.
Among centralized exchanges, XAU perpetual contract trading volume is highly concentrated on top-tier platforms, with Binance, OKX, and Bitget ranking first, second, and third respectively. Their respective 24-hour trading volumes are $1.404 billion, $257 million, and $227 million—collectively accounting for approximately 80% of the total market share.
