According to CoinMeta, the stock spot exchange rankings released by RootData show that Binance, Bitget, and Gate rank in the top three, with a combined market share of approximately 71.7%. This ranking is based on public trading and order books, evaluating trading volume, liquidity, and the active products in the exchange's stock spot market, while also reflecting the coverage of stock products and brokerage channels. The specific data is as follows: Binance: Ranking | Score 83.65 | 24-hour public order book trading volume of about $294 million | Market share 50.82%; Bitget: Ranking | Score 75.54 | 24-hour public order book trading volume of about $45.4 million | Market share 7.83%; Gate: Ranking | Score 74.76 | 24-hour public order book trading volume of about $75.8 million | Market share 13.09%. The combined market share of these three exchanges is about 71.74%, of which Binance alone accounts for 50.82%, indicating a clear concentration in the market.