Gate Leads TradFi Futures Boom on Crypto Exchanges With $368B Volume as Spot Trading Slows

According to CryptoQuant's latest report, TradFi perpetual futures activity surged on crypto exchanges in April 2026, with Gate leading the trend at $368 billion in volume, followed by Binance at $298 billion. The two exchanges have processed roughly two-thirds of all TradFi futures trading volume recorded so far this year.

Meanwhile, spot trading volume declined to $679 billion in April 2026, marking the lowest level since October 2023. Perpetual futures volumes also declined alongside as leverage appetite contracted. Despite the overall slowdown, Gate maintains the highest average Bitcoin spot trade size at $4,000 and leads perpetual futures liquidity with an average of $8,900.