Gate captures 85% market share with $295B in TradFi perp volume

Gate didn’t just win the TradFi perpetual futures race in March 2026. It lapped the field.

The exchange captured roughly 85% of all TradFi perpetual trading volume across crypto exchanges in March, processing approximately $295.8B worth of trades, according to data from CryptoQuant. The total market for TradFi perps across all crypto exchanges hit around $450B in monthly volume that same month.

From footnote to front page

In January 2026, Gate’s TradFi perp volume sat at $3.4B. By February, it had jumped to $56.7B. Then March happened, and the number ballooned to nearly $296B.

The surge was driven largely by perpetual contracts tied to gold and silver. Crude oil contracts also started gaining momentum toward the end of the quarter.

TradFi perps are perpetual futures contracts that track traditional assets like commodities, equities, or forex pairs but trade on crypto exchanges, offering no expiry dates and 24/7 markets.

Gate vs. everyone else

CryptoQuant’s June 2026 “Institutional Footprints” report shows that on a year-to-date basis, Gate led all exchanges in TradFi perp volume at $368B. Binance followed at $298B. Together, the two platforms accounted for approximately two-thirds of the entire market.

Gate ranks among the top platforms for institutional metrics, including average trade sizes in BTC spot and perpetual markets, according to the same CryptoQuant data.

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