According to CoinMeta, as reported by TokenInsight, the total trading volume of crypto exchanges in the third quarter of 2026 decreased by 27.5% to $12 trillion compared to the previous quarter. Among them, the spot trading volume fell by 55% to $2 trillion, while the derivatives trading volume decreased by 17% to $10 trillion. At the same time, the average open interest of crypto futures contracts increased by 11% to approximately $90 billion. Binance topped the list with a 34.51% share of total trading volume, followed by OKX with 14.41%.