Coin

<ul class="news-points"> 
 <li>Binance’s 24-hour futures trading volume is over $21 billion.</li> 
 <li>Binance also dominates the packs of other platforms in terms of Open Interest (OI).</li> 
 <li>The daily futures trading volume surpasses the cumulative of decentralized protocols roughly 20 times.</li> 
</ul> 
Despite the continued <a href="https://coinedition.com/cz-responds-to-fud-and-ensures-binances-financial-stability/" rel="noopener noreferrer nofollow">rounds of FUD</a> and panic calls against the Binance exchange, data shows the trading platform remains a leader in crypto derivative trades. According to information from the prominent crypto derivative data analysis platform CoinGlass, Binance’s 24-hour Futures trading volume sits at over $21 billion. 
In particular, Binance’s futures volume is $21.06 billion. This figure implies the exchange controls 219.45% more crypto derivative volume than its closest competitor at OKX. The OKX exchange saw just $6.59 billion futures trading volume in the last 24 hours. Likewise, Bybit saw $4.34 billion. 
Furthermore, in terms of Open Interest (OI), Binance also dominated the packs of other crypto derivative trading platforms. Specifically, Binance saw a 24-hour OI trading volume of $7.18 billion, leading the closest in line, Bybit, by nearly $4.28 billion. Similarly, <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> participants have liq… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/binance-crushes-okx-bybit-with-over-200-more-crypto-derivative-volume/">Binance Crushes OKX, Bybit With Over 200% More Crypto Derivative Volume</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Crushes OKX, Bybit With Over 200% More Crypto Derivative Volume

Coin Edition

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