Binance's $27.274 billion in USD-margined perpetual futures open interest exceeded OKX and Gate combined, underscoring its lead in the report's three-exchange comparison of crypto derivatives platforms.
A Nov. 13 report carrying a 4:10 a.m. ET (09:10 UTC) timestamp listed Binance at $27.274 billion. OKX recorded $6.544 billion; Gate's total was $6.262 billion. Together, the two exchanges totaled $12.806 billion, leaving Binance $14.468 billion higher.
The figures were lower than those in EconoTimes’ earlier ranking of the exchanges, which listed Binance at $31.305 billion, OKX at $7.177 billion and Gate at $6.575 billion.
The measure totals the dollar value of derivatives positions that remain open. The total does not show the market’s direction or whether traders are positioned for prices to rise or fall.
