MEXC captured the second-largest share of the commodity perpetuals market in the third quarter of 2026, according to TokenInsight’s latest Crypto Exchange Report. The exchange recorded $86 billion in commodity perpetuals volume, representing 17.43% of the market and roughly double the volume of the third-ranked platform.
Across all trading, MEXC posted $1.069 trillion in total Q3 volume, ranking fourth among the exchanges covered in the report. Its overall market share rose to 8.91%, up 0.38 percentage points from the previous quarter and marking the third-largest increase among major exchanges. Derivatives volume reached $963 billion, giving MEXC a 9.67% derivatives market share and fourth place overall. The four largest derivatives venues—MEXC, Binance, OKX, and Bybit—together accounted for about 70% of the market.
TokenInsight also highlighted the rapid expansion of traditional finance perpetuals. TradFi perpetuals represented 17.38% of MEXC’s derivatives trading volume, the third-highest proportion among the nine exchanges tracked, behind Binance at 26.25% and Bitget at 22.06%. Across those nine exchanges, TradFi perpetuals reached $2.1 trillion in quarterly volume, with equity contracts contributing $1.61 trillion, or 77%.
In commodity perpetuals, gold dominated with 51% of total volume, while gold, silver, and WTI crude oil combined for 91%. MEXC ranked second in gold, silver, Brent crude, copper, and platinum perpetuals, and third in palladium. In equity perpetuals, MEXC recorded $117 billion in volume, a 7.28% market share, and placed among the top three in six of the 20 most active equity contracts, including second-place rankings in NVDA and SAMSUNG perpetuals.
