CoinGlass: Total cryptocurrency trading volume in Q1 2026 was approximately $20.57 trillion, with derivatives trading volume being about 9.6 times that of spot trading.

CoinFeed reported on April 3rd that, according to a cryptocurrency market share research report released by CoinGlass, the total global cryptocurrency trading volume in the first quarter of 2026 was approximately $20.57 trillion, of which spot trading accounted for approximately $1.94 trillion and derivatives for approximately $18.63 trillion, with a derivatives-to-spot trading ratio of approximately 9.6 times. Binance's derivatives trading volume was approximately $4.90 trillion, accounting for approximately 34.9% of the top ten exchanges, and its average open interest (OI) was approximately $23.9 billion, accounting for approximately 29.9%, both ranking first. Its spot trading volume was approximately $639.9 billion, accounting for approximately 34.3% of the top ten spot platforms. Binance also ranked first in both ±1% market depth for BTC and ETH spot and futures trading.