CoinGecko: Binance, OKX dominate perps as perp DEX OI share nearly quadruples

Crypto News•Thursday, May 21, 2026 at 1:56:28 PM

NeutralCryptocurrency

CoinGecko: Binance, OKX dominate perps as perp DEX OI share nearly quadruples

What Happened
CoinGecko's 2026 Crypto Perpetuals Report indicates that Binance and OKX continue to lead the market in perpetual futures trading, while decentralized perpetual exchanges are rapidly increasing their share of open interest. This trend highlights a significant shift in the trading landscape within the cryptocurrency sector.
Why It Matters
The growth of decentralized exchanges in open interest suggests a growing acceptance and utilization of decentralized finance (DeFi) solutions, which could challenge the dominance of established centralized exchanges like Binance and OKX in the long term.

— via World Pulse Now AI Editorial System

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