Crypto Exchange Market Share Over Time
Each exchange's share of perpetual futures open interest and of 24h perp volume, per UTC day, from the data this site stores every hour. Pick all coins, BTC or ETH and a range; the table compares each venue's daily share with 30 days and a year ago.
Binance led tracked perpetual-futures OI with 49.0% on 2026-11-11 (UTC daily average across 9 venues with stored OI). MEXC has no open interest share: MEXC's reported open interest moves about 6.8 times more than its own trades imply, so it is shown per market but not added to combined totals.
Open interest share by exchange
27 Sep 2026 – 12 Nov 2026 · % of total, UTC days- Binance49.2%
- Hyperliquid12.8%
- Bybit11.8%
- Gate9.7%
- Bitget6.3%
- KuCoin4.9%
- HTX2.6%
- Aster2.0%
- Lighter0.7%
Perp volume (24h) share by exchange
27 Sep 2026 – 12 Nov 2026 · % of total, UTC days- Binance39.0%
- Hyperliquid11.6%
- Bybit13.2%
- Gate13.7%
- Bitget5.4%
- KuCoin2.8%
- HTX1.5%
- Aster1.2%
- Lighter1.8%
- MEXC9.8%
Share by exchange: completed day vs 30 days and 1 year ago
11 Nov 2026 (UTC daily average OI) · pp = percentage points| Exchange | Open interest share | Volume share (24h) | Data since | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Daily share | 30 days ago | Change | 1 year ago | Change | Daily share | 30 days ago | Change | 1 year ago | Change | ||
| Binance | 49.0% | 48.4% | +0.6 pp | — | — | 39.7% | 45.6% | -5.9 pp | — | — | 27 Sep 2026 |
| Hyperliquid | 12.7% | 13.2% | -0.5 pp | — | — | 11.5% | 8.1% | +3.4 pp | — | — | 27 Sep 2026 |
| Bybit | 11.8% | 10.9% | +0.9 pp | — | — | 13.5% | 13.5% | -0.1 pp | — | — | 27 Sep 2026 |
| Gate | 9.9% | 9.5% | +0.4 pp | — | — | 13.3% | 11.4% | +1.9 pp | — | — | 27 Sep 2026 |
| Bitget | 6.3% | 6.2% | +0.1 pp | — | — | 5.3% | 5.8% | -0.5 pp | — | — | 27 Sep 2026 |
| KuCoin | 5.0% | 5.0% | 0.0 pp | — | — | 2.7% | 1.9% | +0.8 pp | — | — | 28 Sep 2026 |
| HTX | 2.6% | 4.3% | -1.7 pp | — | — | 1.5% | 1.4% | +0.1 pp | — | — | 27 Sep 2026 |
| Aster | 2.0% | 1.8% | +0.2 pp | — | — | 1.1% | 1.1% | 0.0 pp | — | — | 28 Sep 2026 |
| Lighter | 0.7% | 0.8% | -0.1 pp | — | — | 1.8% | 1.3% | +0.5 pp | — | — | 29 Sep 2026 |
| MEXC | — | — | — | — | — | 9.5% | 9.8% | -0.3 pp | — | — | 2 Oct 2026 |
How to read it. Each day's shares add up to 100%. Open interest is the day's average of each market's hourly OI; volume is each market's 24h volume at the end of the day. Hyperliquid includes its HIP-3 markets. Dashed lines mark the day an exchange's data starts: a share jump there is a coverage change, not a market move. A dash means the venue had no data that day. Long ranges average consecutive days. Data: JSON · CSV. Refreshed every ten minutes. Not financial advice.
Exchange market share FAQ
How is market share calculated?
For every UTC day, each exchange's perpetual futures open interest (the average of its hourly values that day, summed over its markets) is divided by the total of all exchanges tracked here. Volume share does the same with each market's 24h volume at the end of the day. The shares of a day always add up to 100%.
Why does an exchange's share jump on some dates?
Exchanges were added to this site on different dates. When a new one starts, every other venue's share drops even if nothing changed in the market. The charts mark each exchange's first day of data with a dashed line, so a jump there is a coverage change, not a market move.
Is Hyperliquid HIP-3 included?
Yes. Hyperliquid's native perps and its HIP-3 builder-deployed markets are counted together as one venue. Perps whose base is itself a stablecoin are left out of the all-coins view.
Can I download the data?
Yes: /api/exchanges/market-share returns the same daily values as JSON (base = all, BTC or ETH; range = 30d, 90d or all), and adding format=csv returns a CSV file.