- The Block reported that the virtual asset market's trading volume plunged to its lowest level in 15 months.
- It said December centralized exchange (CEX) spot trading volume was about $1.13 trillion, down 32% from the previous month.
- It also reported that trading volume on decentralized exchanges (DEX) was $245 billion last month, down 20% from the previous month.
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The virtual asset (cryptocurrency) market was overall stagnant, and trading volume also plunged.
On the 2nd (KST), crypto-focused outlet The Block, citing its data, reported that spot trading volume on centralized exchanges (CEX) in December was about $1.13 trillion, a 32% decrease from the previous month ($1.66 trillion). This is the lowest monthly trading volume since September 2024.
Trading volume was highest at Binance with about $367.35 billion, followed by Bybit, Gate, and Bitget.
Activity on decentralized exchanges (DEX) also slowed. Last month, DEX trading volume was $245 billion, down 20% from the previous month.
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