Monthly trading volume for equity perpetual contracts on crypto exchanges reached $250 billion in August 2026, a 17-fold increase from $15 billion in April 2026. Binance dominates this market with a 76% market share, while Gate.io positions itself as the fastest-growing challenger with 308% month-over-month growth. These contracts allow traders to gain leveraged exposure to traditional stocks like NVIDIA, Tesla, and MicroStrategy without owning the underlying asset, operating 24 hours a day, 7 days a week.
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