PANews reported on December 27 that according to Coinglass data, the top three exchanges by 24-hour derivatives trading volume are Binance ($66.27 billion), Bitget ($25.87 billion), and Bybit ($24.39 billion).

In terms of 24-hour contract open interest, Binance ranks first with $30.15 billion, followed by Bitget and Bybit with $20.54 billion and $20.2 billion, respectively.