2025 Cryptocurrency Trading Platform Landscape Reshuffle: Who Is Growing Against the Trend in Open Contracts?

2026-01-16 04:30:18

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【Blockchain Rhythm】According to the latest data, the leading pattern of the crypto trading market has initially stabilized by 2025. A major exchange still firmly occupies the top tier, with a market share of 35.86%, indicating its absolute dominance in spot trading. Another exchange and a third one follow closely with 13.47% and 12.04%, respectively, making the second tier more competitive — Bitget has become a key player with a 10.60% share.

Interestingly, data on open interest contracts reveals even more clues. The leading exchange still maintains a 25.51% lead here, while Bybit and Bitget hold 16.18% and 14.4%, respectively, indicating that the segmentation in the derivatives market is indeed intensifying.

What’s truly noteworthy is — among these top platforms, only Bitget’s core metrics achieved positive growth in 2025. This suggests that when overall market competition intensifies and the landscape becomes relatively solidified, platforms that can still grow might be doing something different.

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