TechFlow news, July 20, according to the latest report data from TokenInsight, the TradFi perpetual contract market continued its rapid growth trend in the second quarter of 2026, and the competitive landscape became further concentrated. Binance ranked first with a trading volume of approximately $380 billion, with a market share of about 59.96%; Bitget ranked second with about 11.01%, and OKX ranked third with about 10.97%. The quarterly trading volumes of both platforms were around $69 billion, forming the core tier of the market together with Binance.
In terms of internal platform penetration rate, the proportion of TradFi perpetual contracts in the derivative businesses of different exchanges still shows significant differences. Among them, Binance ranked first with a penetration rate of 8.65%, followed closely by Bitget with 8.61%, indicating that leading platforms are accelerating the introduction of traditional financial assets into the crypto derivatives market.
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