2025-12-25 04:59:24

I recently came across a market data report that I found quite interesting. The landscape of contract trading is quietly changing, and competition among leading exchanges is becoming increasingly fierce.

Specifically looking at the data: the average daily contract trading volume remains at $25.2 billion, accounting for 9.5% of the global market share. What does this mean? Keep in mind that the entire market is in a bear phase, and most exchanges are experiencing shrinking trading volumes, yet this number still stays within the top three tiers.

What’s even more striking?

Even in a tough economic environment, such trading volume data indicates what—there is still real money in the market. Major institutions and retail investors haven't stopped bottom-fishing. Sufficient liquidity and high rankings reflect that funds are still actively seeking opportunities.

Maintaining this level of activity during a bear market suggests that the market’s rebound expectations haven't completely disappeared. The competition for market share among exchanges is essentially a contest over who can attract more active capital.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

StakeWhisperer

· 9h ago

$25.2 billion can still stabilize the market, indicating that institutions are secretly accumulating at the bottom. Leading exchanges are competing fiercely, and everyone wants a piece of the liquidity. When the rebound comes, you'll understand the significance of the current accumulation. To put it simply, you still need to choose the right exchange; otherwise, insufficient liquidity is pointless. This bear market has been more resilient than expected, and funds are not as pessimistic as they seem.

View OriginalReply0

DegenMcsleepless

· 9h ago

Can the bear market still be this strong? It shows that the institutions haven't stopped at all; they're all waiting for a rebound.

View OriginalReply0

SolidityStruggler

· 9h ago

The bear market can still maintain a 9.5% share, indicating that big players are indeed not idle, and their bottom-fishing efforts haven't stopped.

View OriginalReply0

LiquidationWatcher

· 9h ago

ngl that $25.2B daily volume thing hits different when you remember what happened in 2022... seen too many health factors tank when things *look* stable like this. just saying, watch those collateral ratios closely fr fr

Reply0

GasGuru

· 9h ago

Can the bear market still maintain this liquidity? It shows that institutions have been lurking for a long time, and retail investors need to keep up. --- 252 billion yen trading volume remains in the top three, this data is quite impressive, exchanges are competing fiercely. --- I'm just worried that it's the institutions putting on a show; the real bottom-fishing hasn't started yet. --- Everyone wants a piece of the contract trading cake, but it depends on who can retain the big players' real money. --- The fact that the bear market maintains this heat actually sends one signal — the big players haven't given up at all.

View OriginalReply0

PanicSeller

· 9h ago

Hmm... $25.2 billion sounds pretty impressive, but I still feel like some people are still wildly harvesting profits.

View OriginalReply0

DoomCanister

· 9h ago

Bear markets can still be so good for bottom-fishing, which shows that big investors have a clear idea. It all depends on who can hold on until the rebound moment.

View OriginalReply0