MEXC, a leading 0-fee digital asset trading platform, has secured the second position in commodity perpetuals trading volume for Q3 2026, according to TokenInsight's latest Crypto Exchange Report. The exchange captured a 17.43% market share in this segment, with $86 billion in trading volume. This figure is roughly double that of the third-ranked exchange, and together with Binance, MEXC dominates nearly three-quarters of the commodity perpetuals market.
The report analyzed 20 exchanges, with MEXC ranking fourth in overall trading volume at $1.069 trillion. Its market share increased by 0.38 percentage points from the previous quarter, marking the third-largest growth among major exchanges. Derivatives trading volume reached $963 billion, representing a 9.67% market share. MEXC, Binance, OKX, and Bybit collectively hold about 70% of the derivatives market.
In the commodity perpetuals market, gold (XAU) led with 51% of trading volume, while gold, silver (XAG), and WTI crude oil together accounted for 91%. MEXC ranked second in gold and silver perpetuals and placed in the top three in six out of eight commodities examined. TradFi perpetuals accounted for 17.38% of MEXC's derivatives trading volume, the third-highest proportion among the nine exchanges tracked.
MEXC also recorded $117 billion in equity perpetuals trading volume, representing a 7.28% market share and ranking fourth. The exchange placed among the top three in six of the 20 equity perpetuals contracts, including second in NVDA and SAMSUNG perpetuals. Overall, MEXC's performance highlights its growing influence in both crypto and traditional finance markets.