🧐 Is the explosion of TradFi the second growth curve for trading platforms?

Finally, I had a whole block of time to carefully review this crypto TradFi report from RootData,

there are two points you might not have noticed that I think are worth paying attention to:

First, is everyone surprised to see this data:

The trading volume in the first half of the year exceeded 1.3 trillion dollars, with derivatives accounting for 98.6%.

TradFi assets are becoming a new battleground for crypto exchanges.

1️⃣ TradFi is no longer a small category on crypto exchanges.

After half a year's development, everyone has gotten used to using Crypto to trade crypto assets, and traditional assets are increasingly being accepted: trading volume in H1 2026 exceeded 1.3 trillion dollars, and 98.6% came from derivatives.

Currently, the demand is to convert traditional assets like U.S. stocks and gold into Crypto products that can be traded 24/7, with leverage and on a global scale. Once this market is running smoothly, it could represent a new growth curve for exchanges.

So this is also the first stronghold that all trading platforms are competing to capture.

2️⃣ The landscape of exchanges is beginning to differentiate.

Binance remains at the top, which is undisputed; OKX's advantage lies in transaction volume and low spreads, while Hyperliquid excels in position accumulation.

What's interesting is that Gate is a variable worth continuing to observe:

In August, the trading share of stock derivatives was about 10.7%, and the OI share was 12.4%; from May to August, trading volume maintained a three-digit month-on-month growth for four consecutive months; there are 366 stock derivatives covered, with the top five households, and in recent periods, the market depth has even ranked among the top.

Therefore, it can be seen that for a CEX to rise, it needs to capture the important stronghold of TradFi, which is very important. You see, Gate is definitely not the second largest in terms of volume right now, but in terms of variety coverage + liquidity + growth speed, it has indeed entered the first tier.

In the upcoming competition in TradFi, it is not about who lists which stocks, but who can truly develop assets, depth, spreads, and user positions together. In this regard, everyone still has an opportunity.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。