Data: Binance, Bitget, and Lighter Account for Approximately 81% of Total SPY Futures Open Interest Across Exchanges

Odaily Odaily reports, according to CoinGlass data, the total open interest for SPY (SPDR S&P 500 ETF) futures contracts across all exchanges stands at $47.4812 million. The data indicates that liquidity for this asset is primarily concentrated on major trading platforms, with Binance, Bitget, and Lighter holding the top three positions in open interest. Their respective market shares are 35.93% ($17.0609 million), 34.98% ($16.6127 million), and 10.57% ($5.02 million), collectively accounting for approximately 81.48% of the market.