Binance overtakes Huobi, OKEx as biggest derivatives exchange

Cointelegraph

Published Oct 08, 2020 08:09PM ET

Updated Oct 08, 2020 09:40PM ET

Binance has overtaken Huobi and OKEx to become the largest crypto derivatives exchange by volume in the September figures with $164.8 billion across the month, according to the latest report published by U.K.-based data firm CryptoCompare,

CryptoCompare looked at the trading volume of the top-tier exchanges and determined that Binance had seen around $8 billion more volume than its closest competitors, Huobi at $156.3B, and OKEx at $155.7B. BitMEX came in fourth with $56.4 billion in monthly volume for September.

Source: CryptoCompare
Source: CryptoCompare

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