In the currently volatile cryptocurrency market, trading has become extremely difficult. However, choosing an exchange that meets the necessary factors, usage purposes, and ensures safety is a crucial issue that traders need to focus on.

Among them, Binance is the top candidate. Binance has established its number one position among all exchanges up to now regarding perpetual contracts for Bitcoin and Ethereum, as well as other OI market shares.

Term Note: OI (Open Interest) Simply put, it reflects the total open contracts, the trading activities available in the market (high OI means good liquidity, easy order matching, easy entry and exit; conversely, low OI means difficult order matching, easy slippage, lack of liquidity).

During periods of price increases in the market or even during downtrends, the liquidity and transaction processing ability at Binance always rank first. This is also the top choice for traders, whether professional or beginner.

What are Binance's highlights? Why can it become the number one trading platform?

Together with Trading Insight, let's review the outstanding information to understand why Binance has become the number one trading platform. Especially, the statistics regarding OI through the points below:

  • Binance leads in OI (Open Interest), reflecting the total open positions available in the market, indicating liquidity and the confidence of traders.

  • Binance has an advantage with the number of open trades with BTC and ETH being 30% and 31% market share, significantly higher than other trading platforms like Bybit and Gate at 20-21%. With corresponding values of $9.8 billion and $5.1 billion, far exceeding those of other trading platform candidates.

  • Strong growth in OI during market uptrends, traders take advantage of Binance's good liquidity and low transaction fees to rush in. Notably in November 2024, when BTC exceeded 100k, OI increased by $3.8 billion, 1.5 times more than Bybit and many times more than other platforms. In May 2025, when Bitcoin set an ATH, OI also increased by $2.5 billion, accounting for 40% of the total OI market share. Moreover, ETH also increased similarly at two points with $3.5 billion and $2.4 billion respectively, with corresponding ETH price increases of 73% and 44%.

  • During price increases, it is inevitable to have times when the market decreases. Binance also shows its position by handling liquidity, processing trading orders during market crises.

  • The peak of $2.1 billion OI BTC/ETH was closed, the highest in the market, during the recent Middle East tensions. To minimize risks, this shows that Binance’s order closing and exiting speed is 1.7 times faster than Bybit. This indicates that Binance meets and ensures the most stable liquidity and speed when the market declines significantly.

  • Binance's liquidity is really good, in addition to low transaction fees and the platform's execution speed always being stable.


Explore important indicators assessing the level of interest and liquidity of the derivatives market across different exchanges.



Bitcoin: Open Interest by Exchange: From 01/01/2024 to now.



Ethereum: Open Interest by Exchange: From 01/01/2024 to now.

Why do traders choose Binance over other exchanges?

Binance is the best balanced platform among all other platforms, achieving perfect balance in every aspect such as:

  • Largest OI, holding the largest market share.

  • Low transaction fees, at a basic level.

  • Super fast order matching, optimizing profits and risks.

  • The largest liquidity (ensuring minimal slippage).

  • Stability during market fluctuations.

Summary

The numbers and data provided by Trading Insight above, have you understood why Binance has become the top choice yet? Binance has established its position with superior factors necessary in trading. It ensures the highest liquidity in the market, holds over 30% market share along with other impressive figures. Binance is not simply an exchange; it is a trading system, a toolkit, and a world-class stability capability. Binance has gained absolute trust from investors, from beginners to professionals.

In this risky market, optimizing profits and controlling risks, the choice of exchange is also a matter of concern. The star Binance will continue to maintain its position. Reference content from Trading Insight.