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Binance’s futures market processed about $1.61 trillion in June, its highest monthly total of 2026 in CryptoQuant’s dataset, while centralized exchange spot trading stayed near a two-year low.
Derivatives activity strengthened even as spot volumes remained weak, leaving Binance well ahead of rival futures venues.
CryptoQuant Shows 80% Monthly Jump
CryptoQuant analyst Maarten Regterschot reported that Binance futures volume rose from $893 billion in May to $1.61 trillion in June. His dataset put the monthly increase at about 80%.
OKX recorded about $609 billion in June futures volume, while Bybit handled $434 billion. Both exchanges grew from May, but their gains were smaller and their combined volume still trailed Binance.
A separate CryptoRank dataset also put Binance’s June futures volume at $1.61 trillion. It recorded a higher May base of $1.38 trillion, giving a 17% monthly increase rather than 80%. The datasets agree on Binance’s June total but differ on the May comparison.
Binance Held 28% of Q2 Futures Volume
Centralized exchange futures volume fell 11% from the first quarter to $15.7 trillion in the three months through June. It was the third consecutive quarterly decline, though monthly activity rose in May and June after dropping to $5 trillion in April.
Binance processed $4.4 trillion across the quarter and held about 28% of the centralized futures market. Its share rose to 29.4% in June as monthly volume climbed, while total futures activity across exchanges reached $5.5 trillion.
Spot Volume Fell to $3T in Q2
Spot trading on centralized exchanges dropped 18.9% from the first quarter to $3 trillion, the lowest quarterly total in two years. Binance remained the largest spot venue with $731 billion in quarterly volume, but its share fell from 27% to 24.4%.
June spot volume recovered to $1.2 trillion, though much of the increase came from a surge at Bitget. Binance handled $244 billion in June spot volume, and its monthly spot share slipped to 20.9%, the lowest reading in the dataset.
Futures Share Outpaced Spot Share in June
The figures show Binance held a larger share of futures trading than spot trading in June. Binance’s futures share rose during the month, while its spot share weakened even as overall spot activity recovered from earlier lows.
July volumes will show whether June’s futures rebound can continue after the quarter-long contraction.
