CoinGlass data shows the top three platforms accounted for about 73% of total open interest in Nasdaq 100 ETF-linked contracts.
Open interest in Nasdaq 100 ETF (QQQ)-linked contracts across trading platforms climbed to $92.23 million, with Binance, Bitget and OKX dominating activity. CoinGlass data shows Binance held 34.64% of the total, or $31.95 million, followed by Bitget at 26.43% ($24.38 million) and OKX at 12.22% ($11.27 million). Together, the three exchanges accounted for about 73% of the market, indicating trading in the product is concentrated among a small group of venues. Open interest tracks the total value of outstanding derivatives positions that remain open.