Data: Binance, Bitget, and Hyperliquid account for about 75% of the stock perpetual contract market share
According to the "Q1 Cryptocurrency Exchange Report" released by TokenInsight, the competitive landscape of the stock perpetual contract market is rapidly evolving, with the head effect becoming increasingly prominent. In terms of average daily trading volume for stocks, Binance leads with an average daily trading volume of $149.15 million, holding a market share of 35.23%; Bitget ranks second with an average daily trading volume of $95.74 million, accounting for 22.61%; Hyperliquid comes in third with $73.49 million, holding a market share of 17.36%. The top three platforms together occupy about 75% of the market share, forming the first tier in this sector.
As major platforms accelerate their layout of U.S. stocks and TradFi-related products, stock perpetual contracts have become a key battleground for cryptocurrency exchanges to build cross-asset trading capabilities.
You may also like
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

