Svmuu reported that against the backdrop of spot gold's short-term pullback and heightened market volatility, trading volume for XAU futures contracts has surged significantly. According to data from CoinGlass, XAU is currently priced at $4,573.68, down 2.52% over the past 24 hours; during the same period, the 24-hour trading volume of XAU futures contracts across all exchanges reached $2.370 billion, representing a 50.52% increase compared to the previous period.
Among centralized exchanges, XAU contract trading volume is concentrated on top-tier platforms, with Binance, OKX and Bitget ranking in the top three. Their 24-hour trading volumes were $1.404 billion, $257 million and $227 million, respectively, together commanding approximately 80% of the market share.