CoinGecko's Q3 2026 report shows the total crypto market capitalization grew by 39.6% from July to September, reaching approximately $2.96 trillion. However, spot trading volume on the top ten centralized exchanges decreased by 14.2% to $1.65 trillion, while perpetual contract open interest surpassed $100 billion by the end of September, a 40.6% increase. This indicates a recovery in valuations accompanied by reduced spot trading volumes and an increase in the dollar value of derivatives contracts.