According to Coinglass data, the top five exchanges by 24-hour contract trading volume for Bitcoin are Binance ($19.26 billion), Bitget ($11.63 billion), Bybit ($8.808 billion), OKX ($8.404 billion), and CME ($5.580 billion); the top five exchanges by 24-hour contract trading volume for Ethereum are Binance ($28.17 billion), OKX ($17.47 billion), Bitget ($15.55 billion), Gate ($12.42 billion), and Bybit ($9.64 billion).