Crypto Equity Perpetual Volume Hits $250B in July, Up 17x in Three Months: CryptoQuant

Binance remained the largest venue in the market, accounting for 76% of total equity perpetual futures volume in July.

Equity perpetual futures on major digital asset exchanges reached about $250 billion in monthly volume in July. That marks a seventeenfold jump from roughly $15 billion in April, showing how quickly the market has expanded in just three months.

According to analytics firm CryptoQuant, that expansion has turned crypto exchanges into round-the-clock venues for contracts linked to traditional equities. The products give users continuous access to familiar stocks without being limited by conventional market trading hours.

Binance Leads as AI and Chip Stocks Dominate Volume

Binance remained the dominant venue in July, handling roughly $193 billion in equity perpetual futures volume, equivalent to about 76% of the total market. Bitfer, Bybit, and Gate followed at a considerable distance.

CryptoQuant identified Gate as the fastest-growing venue during the month. Its equity perpetual futures volume increased by about 308% from June, compared with 176% for Bybit and 59% for Binance. The report also noted that Gate had recorded consecutive monthly growth since May.