Hyperliquid Rises to Second in RootData Stock Derivatives Exchange Rankings

Hyperliquid jumps to second place in RootData's stock derivatives rankings, overtaking Bybit which fell to seventh. Binance retains top spot with 48.46% market share.

Woofun AI data shows that Binance, Hyperliquid, and OKX occupy the top three positions in the latest RootData stock derivatives exchange ranking. The evaluation metrics include trading volume, open interest, spreads, depth, trading costs, and data collectability. Binance leads with a score of 95.7, approximately $2.844 billion in position size, $19.879 billion in 24-hour trading volume, and a 48.46% market share. Hyperliquid follows with a score of 94.9, $1.708 billion in positions, $5.668 billion in volume, and 13.82% share. OKX ranks third with a 92.6 score, $528 million in positions, $4.752 billion in volume, and 11.58% share.

Compared to the previous week, Hyperliquid advanced from seventh to second place, while OKX moved from sixth to third. Gate rose from eighth to sixth. Conversely, MEXC declined from second to fifth, and Bybit dropped from third to seventh.