2025 Derivatives Throne Battle! The Three Major Exchanges Are Fighting Like Crazy CoinGlass's annual report has just been released, revealing the liquidity landscape of the crypto world in a crystal-clear way! For mainstream assets like BTC and ETH, Binance, OKX, and Bitget dominate the top three global centralized exchanges (CEXs), their positions firmly established! Looking at trading volume and market share, Binance leads by a wide margin, with a daily trading volume of $77.45 billion and a 29.3% market share – a clear winner! OKX follows closely behind, holding second place with a daily trading volume of $33.2 billion and a 12.5% market share; Bybit ranks third with $29.1 billion and an 11% market share; and Bitget takes fourth place with a daily trading volume of $25.2 billion and a 9.5% market share. These rankings clearly demonstrate their strength! The most impressive aspect is the overall score. Binance leads by a wide margin with a score of 94.33, OKX is firmly in second place with 88.77, and Bitget secures third place with 83.10! Keep in mind that this score combines hard indicators such as trading data, product system, security, and transparency. Those who made it into the top three have all earned their rankings through sheer hard work and dedication!