Crypto Exchanges See Explosive Growth in Stock Perpetual Futures Volume

The volume of stock perpetual futures on crypto exchanges has seen an unprecedented surge in recent months. According to data from CryptoQuant, this market grew 17-fold between April and July 2026, with a total monthly volume reaching $250 billion in July.

Binance was the dominant player in this market, accounting for 76% of the flow. However, Gate Exchange stood out in terms of growth rate, with its monthly volume increasing by an impressive 308% since May 2026.

The assets traded on Gate were highly concentrated, with SanDisk and SK Hynix alone making up 53% of the exchange's July volume. This trend suggests that investors are increasingly looking to traditional finance markets for trading opportunities through crypto exchanges.