528.7 trillion won in derivatives trading volume… Gate ranks 3rd, spot up 2.1%
Original headline528조7000억원 파생 거래량…게이트 3위, 현물 2.1% 증가
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Gate ranked third among centralized exchanges in October derivatives trading volume at $394 billion, according to CoinDesk Research's October 2026 exchange review, edging out fourth-place Bybit's $378 billion by a $16 billion margin as Binance and OKX took the top two spots. Gate's spot volume rose 2.1% month-over-month even as aggregate centralized exchange spot and derivatives volumes both declined. Gate also held third place in September derivatives volume, when its lead over Bybit was just $700 million, and the report was produced with Gate's support. The result matters because it shows Gate consolidating a top-three derivatives position while overall exchange activity contracts, a gap worth watching to see whether it widens further or Bybit closes it.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Gate, Bybit, OKX, Binance, CoinDesk Research