Crypto market capitalization surged 39.6% in Q3 2026 to approximately $2.96 trillion, up from $2.1 trillion at the end of Q2. Spot trading volume at top-10 exchanges fell 14.2% to $1.65 trillion, compared with $1.93 trillion in the prior quarter. Dollar open interest at top-10 perpetual exchanges rose 40.6% over the quarter, ending above $100 billion. Binance’s share of the tracked spot market increased from 38.7% to 42.7%. Market-wide average daily volume nevertheless declined 8.6% quarter-over-quarter, from $73.3 billion to $67 billion.
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