CEX spot trading volume fell 11.5% last month…derivatives edged up slightly

JOON HYOUNG LEE

Summary

It said spot trading volume at major centralized exchanges (CEXs) last month fell about 11.5% from the previous month.
It said spot trading volume declined at Uniswap (-64%), HTX (-37%) and Binance (-16%), while Coinbase (5.1%) and OKX (8.4%) posted increases.
It said derivatives trading volume last month rose 0.7% from the previous month, with increases at Hyperliquid (24%), Gate (20%) and Deribit (19%).

Forecast Trend Report by Period

Spot cryptocurrency trading volume at major centralized exchanges (CEXs) was found to have declined by more than 11% over the past month.

According to Wu Blockchain on the 11th (local time), spot trading volume at major cryptocurrency exchanges last month fell about 11.5% from the previous month. By spot-volume decline alone, Uniswap (-64%), HTX (-37%) and Binance (-16%) ranked in that order. Trading volume increased at Coinbase (5.1%) and OKX (8.4%), among others.

Derivatives trading volume last month rose 0.7% from the previous month. The biggest increases were at Hyperliquid (24%), Gate (20%) and Deribit (19%), in that order. By contrast, derivatives trading volume fell at MEXC (-43%), HTX (-6%) and Bitget (-6%), among others.

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