derivatives

According to the latest ranking of stock derivatives exchanges released by RootData, Binance, Gate, and Hyperliquid are in the top three.Binance ranks first with a score of 95.6, holding approximately $4.008 billion, a 24h trading volume of about $22.385 billion, and a market share of 43.22%.Gate surpasses Hyperliquid to rise to second place, with a score of 93.8, holding approximately $994 million, a 24h trading volume of about $3.283 billion, and a market share of 6.34%.Hyperliquid drops to third place with a score of 93.3, holding approximately $2.184 billion, a 24h trading volume of about $4.184 billion, and a market share of 8.08%.Compared to yesterday's data, Gate has surpassed Hyperliquid to rise to second place, while Hyperliquid has dropped to third.

Bitget's latest data shows that approximately one out of every three contract trades on the platform comes from stock perpetual contract trading. As of now, Bitget supports a total of 271 stock perpetual contracts.Previous data indicated that Bitget's monthly trading volume for stock perpetual contracts in July reached $85.445 billion, with a single-day peak trading volume of $6.674 billion; during the same period, the monthly trading volume increased by 30.6% month-on-month, the number of traders increased by 31.4% month-on-month, and the number of trades increased by 130% month-on-month. Multiple trading indicators have shown steady growth.

According to the latest ranking of stock derivatives exchanges released by RootData, the three exchanges with the largest spreads among the listed exchanges are HTX, BingX, and OrangeX, with spreads of 0.582%, 0.292%, and 0.269%, respectively. Among them, the spread between HTX and BingX has reached a new high, with HTX's spread nearly doubling compared to yesterday.It is reported that this spread is the weighted spread based on the 24-hour trading volume, and a higher value usually indicates higher trading costs.

The digital asset trading platform Gate released its transparency report for July 2026. The report shows that the platform has maintained growth in multiple areas including trading, TradFi, and innovative businesses, strengthening the global multi-asset ecosystem that connects digital assets with traditional capital markets. In July, Gate launched zero-fee trading for US stocks and ETFs, and introduced features such as gStocks, stock copy trading, and account asset interest generation, covering over 12,500 stock and ETF assets, with the number of ETF products increasing to 386 trading pairs and a monthly trading volume of approximately $20 billion. Meanwhile, the cumulative subscription amount for Pre-IPOs of OpenAI exceeded $260 million, indicating a continued increase in global demand for high-quality pre-IPO asset allocation.Gate's innovative business also continued to strengthen in July. The average daily trading volume in the event contract market increased by over 13% month-on-month, with daily trading volume consistently ranking among the top three globally, and market share once exceeding 36%, setting a historical record; CandyDrop contracts surpassed $4.6 billion, and the cumulative staking amount for Launchpool reached $490 million, with SLX peak APR exceeding 135%, breaking the platform's historical record. According to CoinDesk data, Gate has also made significant achievements in promoting the integration of traditional finance and digital assets, with the trading volume of RWA perpetual contracts across the network rising to $460 billion in July, setting a historical high. Gate holds a 4.39% market share, ranking among the top three global centralized trading platforms, becoming an important leader in this sector. Additionally, Gate's futures trading volume reached $276 billion in July, with a derivatives market share of 9.08% and an open interest market share of 11.2%, firmly maintaining its position among the top two retail trading platforms. As stocks, ETFs, gStocks, Pre-IPOs, direct IPOs, and innovative trading products continue to improve, Gate is constantly expanding its global asset trading and investment service capabilities.

The Gate stock derivatives section will launch on August 13 at 14:00 (UTC+8) with perpetual contract trading for MO (Altria Group), CIFR (Cipher Mining), NET (Cloudflare), VRTX (Vertex Pharmaceuticals), BIIB (Biogen), CLSK (CleanSpark), and REGN (Regeneron Pharmaceuticals) (settled in USDT), supporting 1-20x leverage.

Cryptocurrency exchange Coinbase will open over 170 derivative contracts to eligible professional investors in the UK, covering cryptocurrencies, commodities, stocks, and foreign exchange, with perpetual contracts supporting up to 50 times leverage. The services will be gradually rolled out over the coming weeks to months.The products include futures, perpetual contracts, and cryptocurrency options. Perpetual contracts have no expiration date and support long, short, and neutral strategies; fixed-term futures support up to 20 times leverage and have a fixed settlement date. Coinbase previously obtained authorization for investment services in the UK in July, and the related derivatives business will operate under the investment services license of CB Payments Ltd. The first phase is limited to eligible professional investors in the UK, and the Financial Conduct Authority (FCA) will impose requirements on financial soundness, capital, stress testing, and market integrity.

According to the latest ranking of stock derivatives exchanges released by RootData, the top three exchanges with the largest spreads are OrangeX, BingX, and HTX, with spreads reaching 0.318%, 0.298%, and 0.292% respectively.It is reported that this spread is the weighted average spread based on 24-hour trading volume, and a higher value usually indicates higher trading costs.

According to CoinDesk, Crypto.com announced the launch of tokenized derivatives tracking approximately 1,500 U.S. stocks and ETFs for eligible users in the European Economic Area and other approved markets, covering individual stocks such as Apple, Nvidia, Tesla, as well as gold and silver-related ETFs.The product can be traded starting from as low as $1 and supports 24/7 trading.

According to the latest stock derivatives exchange ranking released by RootData, among the top five exchanges, the exchange with the largest position increase in the past 24 hours is Gate, with a position of approximately $742 million and a 24-hour position increase of 10.77%. Its weighted depth (±2%) is approximately $7.3495 million, second only to Binance's $11.0486 million, ranking second among the top five.It is reported that this ranking is based on comprehensive scoring of exchanges supporting stock derivatives trading, considering dimensions such as trading volume, open interest, price spread, depth, trading costs, and data collectability.

According to the latest ranking data of stock derivatives exchanges released by RootData, the exchange with the largest 24h position decline among the top ten is XT.COM, with a position of approximately 959 million USD, a decrease of 11.52%; the largest price difference is Hotcoin, with a price difference of 0.107%.It is reported that this price difference is the weighted price difference based on the 24h transaction volume, and a higher value usually indicates higher trading costs.

The U.S. Commodity Futures Trading Commission (CFTC) issued a notice reminding regulated entities involved in the listing, promotion, or acceptance of event contracts to ensure that consumers are provided with clear and accurate product pricing information, avoiding misleading market participants, including the obligation to display clear and accurate derivative pricing information.The CFTC's Market Oversight and Market Participants divisions stated that registered entities and relevant personnel must comply with regulatory requirements, ensuring that users fully understand the product attributes in the CFTC-regulated market, and strengthen the supervision of information disclosure by intermediaries, related parties, and partners. It was also specifically pointed out that displaying event contract prices using the common "American odds format" may mislead traders' understanding of the product nature and prevent users from fully obtaining key trading information such as market depth and price impact.The CFTC requires that market participants clearly show consumers that the products are event contracts on CFTC-regulated exchanges, and any misleading pricing display behavior related to regulated products may violate relevant provisions of U.S. federal law regarding the prohibition of manipulative trading practices.

According to the latest stock derivatives exchange ranking released by RootData, the top five exchanges account for a total market share of 79.36%; among them, Binance alone occupies 46.98%, nearly half of the entire market, showing a significant head effect.In addition, among the other top five exchanges, OKX has a market share of 12.16%; Hyperliquid has a market share of 9.52%; Bitget has a market share of 5.89%, and Gate has 4.81%, still with a considerable gap compared to Binance.

Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), wrote in The Economist that the global derivatives market is entering a new stage of development, where financial innovation needs to lead, rather than introduce regulatory models that may restrict market development.Michael Selig pointed out that for decades, derivatives (including financial contracts such as futures, options, and swaps) have been important tools for businesses, farmers, investors, and financial institutions to manage risk and optimize capital allocation. Today, the nominal value of the global derivatives market has exceeded $1.2 quadrillion, with nearly half of the market regulated by the CFTC.He stated that the United States' leadership in the derivatives field is built on generations of market competition, strong institutions, effective regulation, and an open attitude towards innovation. For a long time, global regulators have regarded the CFTC as a benchmark for efficient market regulation.Selig said, "The new era of finance needs innovation, not consensus." The United States will not introduce regulatory measures that hinder market development but will seek a balance between innovation and market efficiency. During his tenure, the U.S. will continue to play a leading role in the formulation of derivatives market rules and financial innovation, driving the market to remain competitive.

According to the ranking data from RootData's stock derivatives exchange, as of the time of writing, the exchange with the largest spread among the listed exchanges is BingX, with a spread of 0.307%; the exchange with the lowest weighted depth ±2% among the top ten is XT.COM, at only $210,500.It is reported that this spread is the weighted spread based on 24-hour trading volume, and a higher value usually indicates higher trading costs. The weighted depth ±2% represents the ±2% order book depth of all stock derivatives on the exchange, calculated based on 24-hour trading volume, with the highest weight for a single contract being 30%. A lower value means greater price fluctuations when large orders are executed.

According to the ranking data from RootData stock derivatives exchanges, as of the time of writing, the top three exchanges with the largest spreads among the Top 20 are BingX, OrangeX, and Aster, with spreads of 0.299%, 0.281%, and 0.182%, respectively.In addition, KuCoin has a spread of 0.133% and Phemex has a spread of 0.142%, both exceeding 0.1%.It is reported that this spread is the weighted average spread based on the 24-hour trading volume, and a higher value usually indicates higher trading costs.

According to the latest ranking of stock derivatives exchanges published by RootData, with the surge in U.S. stocks and the S&P 500 reaching new highs, the 24-hour trading volume of most stock derivatives exchanges has increased. The top three are Binance, Hyperliquid, and OKX.Binance has a 24-hour trading volume of approximately $23.75 billion, an increase of 21.30%.Hyperliquid has a 24-hour trading volume of approximately $6.06 billion, an increase of 27.94%.OKX has a 24-hour trading volume of approximately $5.81 billion, an increase of 21.20%.Among the top ten exchanges, the three with the highest increase in 24-hour trading volume are MEXC, Bybit, and XT.COM. MEXC increased by 93.50% to $1.97 billion, Bybit increased by 61.78% to $1.55 billion, and XT.COM increased by 48.34% to $1.37 billion.Additionally, it is worth noting that among the listed exchanges, two exchanges experienced a significant decline in 24-hour trading volume. Coinbase decreased by 16.92% to $5.67 million, and Ondo Perps saw a 4.00% decrease to $9.11 million.

According to a Coinbase announcement, the Coinbase International Exchange will be integrated into Deribit as part of an infrastructure upgrade. The accounts, positions, and balances of institutional clients will be migrated by September 9, 2026, after which Deribit will serve as the unified trading venue for Coinbase's global derivatives business.The announcement states that August 28 will be the last day to exit the migration through closing positions. Clients who do not close their accounts by this date will be considered to have accepted the migration. The migration day is expected to have a downtime of about 30 minutes, and positions will be settled at the marked price before being transferred to new Deribit sub-accounts. After the migration, institutional clients will gain access to the complete options suite on Deribit, and mechanisms such as perpetual contract settlement, funding rates, and APIs will also change accordingly.

As the US stock technology sector experiences strong buying, the three major indices have collectively risen. According to data from the Gate platform, Microsoft (MSFT) is currently priced at $487.66, with an intraday increase of 4.85%; Amazon (AMZN) is currently priced at $284.02, with an increase of 4.58%. Boosted by strong spot price increases, the trading and position sizes of related stock derivatives on the Gate platform have rapidly climbed. The latest data from Coinglass shows that the 24-hour contract trading volume for Gate MSFT reached $12.3705 million, surging by 211.64%; the 24-hour contract trading volume for Gate AMZNX reached $4.9566 million, soaring by 163.68%. Both trading increases rank among the top in similar stock derivatives on centralized exchanges (CEX).

According to the ranking data from RootData on stock derivatives exchanges, as of the time of writing, the Top 10 exchange BingX has the largest spread, reaching 0.398%; MEXC follows with a spread of 0.234%. In addition, XT.COM has a spread of 0.147% and Hyperliquid has a spread of 0.178%, both exceeding 0.1%.It is reported that this spread is weighted by the trading volume over 24 hours, and a higher value usually indicates higher trading costs.

The Gate stock derivatives section will launch on August 4 at 13:30 (UTC+8) with the following perpetual contract trading (settled in USDT) for CAMBRICON (寒武纪 688256.SH), EOPTOLINK (新易盛 300502.SZ), IEIT (浪潮信息 000977.SZ), MONTAGE (澜起科技 688008.SH), FII (工业富联 601138.SH), NAURA (北方华创 002371.SZ), AMEC (中微公司 688012.SH), SUNGROW (阳光电源 300274.SZ), CMOC (洛阳钼业 603993.SH), BLUEFOCUS (蓝色光标 300058.SZ), supporting 1-20x leverage.In addition, Gate will launch the 12th phase of the new coin airdrop event in the stock derivatives section from August 4 at 16:00 to August 13 at 16:00 (UTC+8). New users who complete their first contract trade will receive 5 USDT; daily trading volume of the participating coins can accumulate up to 35 USDT; trading the participating coins will share a prize pool of 30,000 USDT. The total prize pool for the event is 50,000 USDT, with a maximum of 240 USDT available for each individual.