TechFlow, July 31 — Bitcoin.com released a crypto derivatives market analysis report titled "Crypto Derivatives 101." The report systematically reviews core products such as futures, perpetual contracts, and options, and comprehensively compares centralized exchanges (CEX) and decentralized exchanges (DEX) across liquidity, slippage, fees, risk management, and asset custody. According to the report, Binance, Bitget, and OKX are ranked as the platforms currently offering the strongest advantages for institutional trading, while GMX and Hyperliquid provide native DeFi users with greater transparency and self-custody capabilities.
The report shows that Bitget rose to become the world's third-largest derivatives exchange in 2025, increasing its market share from 4.6% at the beginning of the year to 7.2%. In April alone, Bitget's futures trading volume reached $92 billion, demonstrating leading liquidity and market depth across multiple key trading pairs.
