CoinGlass: Binance, Bitget, and OKX Account for Approximately 78% of Global SPY Futures Open Interest

Odaily reported that according to CoinGlass data, the total global futures open interest for SPY (SPDR S&P 500 ETF) stands at approximately 75,900 SPY, with a corresponding value of roughly $56.5451 million. In terms of platform distribution, liquidity for this asset is primarily concentrated on major trading platforms, with Binance, Bitget, and OKX ranking in the top three, collectively holding about 78% of the market share. The breakdown is as follows:

Binance: Holds 30,600 SPY, with a corresponding value of approximately $22.7472 million, accounting for 40.22%;

Bitget: Holds 22,800 SPY, with a corresponding value of approximately $16.9722 million, accounting for 30.01%;

OKX: Holds 5,747.07 SPY, with a corresponding value of approximately $4.279 million, accounting for 7.56%.