Gate Overtakes Bybit to Become Third-Largest Derivatives Exchange
- —Gate's September derivatives volume hit $39.64 billion, up 38.2% MoM
- —Derivatives market share rose 1.6 percentage points to 10.1%, the largest gain among top exchanges
- —Average daily trading volume was about $1.5 billion
- —Gate held a 9.1% share in RWA perpetuals, ranking in the global top three
Why it matters: Gate cements its position among the top three derivatives exchanges, intensifying competition with Binance and OKX and expanding products bridging crypto and traditional finance.
Source: PANews