What is the biggest crypto futures exchange by trading volume?

Could you please elaborate on the current leader in the realm of crypto futures exchanges, specifically with regards to trading volume? As the cryptocurrency market continues to evolve, it's crucial to stay informed on which platforms are handling the largest share of trades. Understanding the biggest crypto futures exchange by trading volume can provide insights into market trends, liquidity, and perhaps even a glimpse into the overall health of the crypto derivatives market. What exchange currently holds this distinction, and what factors contribute to its dominance?