TokenInsight Q3 Report: MEXC Ranks No. 2 in Commodity Perpetuals with 17.43% Market Share

TradFi perpetuals accounted for 17.38% of MEXC’s derivatives trading volume, the third-highest proportion among the nine exchanges tracked. The report examined 20 exchanges, including 11 selected for in-depth analysis based on market share, trading volume, and open interest. In Q3, MEXC recorded $1.069 trillion in total trading volume, ranking fourth among the exchanges covered in the report. Its market share reached 8.91%, up 0.38 percentage points from the previous quarter, marking the third-largest increase among major exchanges. Derivatives trading volume reached $963 billion, representing a 9.67% market share and ranking fourth among exchanges. Together, MEXC, Binance, OKX, and Bybit accounted for approximately 70% of the derivatives market. MEXC Ranks No. 2 in Commodity Perpetuals MEXC recorded $86 billion in commodity perpetuals trading volume in Q3, accounting for 17.43% of the market and ranking second among exchanges. Its trading volume wa