Gate News message. On April 3, according to CoinGlass data, in the first quarter of 2026, the total trading volume of the cryptocurrency market was approximately $20.57 trillion. Of this, derivatives trading volume was approximately $18.63 trillion, and spot trading volume was approximately $1.94 trillion. The derivatives-to-spot trading volume ratio was about 9.6x. The top five exchanges by derivatives trading volume were some CEX, some CEX, some CEX, Gate, and some CEX; the top five exchanges by spot trading volume were some CEX, Gate, some CEX, some CEX, and some CEX, with a relatively fragmented competitive landscape. The decentralized derivatives platform Hyperliquid recorded approximately $492.7 billion in quarterly derivatives trading volume, with average daily open interest (OI) of about $6 billion, and has already secured a place in the market’s top ten.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Fluid Emerges as DeFi Alternative After KelpDAO Incident Drains $10B from Aave
Abstract: KelpDAO hit Aave; TVL fell from $26.3B to $16.4B. Fluid launched a WETH redemption enabling ETH-to-wstETH swaps as DeFi TVL declined; Aave still has the largest TVL and institutional backing.
GateNews24m ago
Major CEX Records $62.27M USDT Net Inflows in Past Hour
Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of 62.27 million USDT (approximately $62.27 million) over the past hour.
GateNews2h ago
Unknown Wallet Transfers $38M USDT to Major CEX
Gate News message, April 22 — According to Coinglass data, an unknown wallet transferred 38 million USDT to a major CEX on April 23 at 02:52 UTC.
GateNews3h ago
XRP Price Near $1.45 as ETF Inflows Build Pressure
Key Insights
Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence.
XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max
CryptoNewsLand4h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand4h ago
Major CEX Records $152M USDT Net Inflows in 24 Hours
Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of $152 million in USDT over the past 24 hours.
GateNews5h ago
