Binance Holds the Majority of Bitcoin Futures with an 87% Taker Volume, Reports CQ

Binance now accounts for 87% of the global taker buy volume in Bitcoin futures, far exceeding its competitors, as per data from CryptoQuant. This metric reflects the concentration of capital flows and the speed of order filling, and is an essential indicator of real-time market trends. This dominance suggests Binance is the preferred platform for traders needing to quickly react to price fluctuations, particularly those using leveraged Bitcoin futures contracts.

In addition to futures, Binance also dominates the BTC.com mining pool and USDT liquidity on Tron, processing billions worth of TRC-20 Tether daily. However, this centralization carries potential risks; any significant issues with Binance could disrupt the whole crypto ecosystem, affecting derivatives pricing, spot liquidity, and stablecoin flows.