September crypto spot trading volume $1.67 trillion…lowest level since June

Son Min

Summary

September global major centralized exchanges (CEX) spot trading volume fell to $1.67 trillion, marking the lowest level since June.
Trading volumes at major exchanges, including the world's largest Binance, decreased month-on-month, and some DEXs such as Uniswap (UNI) also showed declines.
Meanwhile, U.S. Bitcoin (BTC) spot ETF net inflows turned from an outflow in August to a $3.53 billion net inflow in September.

The global major centralized exchanges (CEX) spot trading volume in September fell to $1.67 trillion for the month, marking the lowest level since June.

According to blockchain outlet The Block, the monthly spot trading volume across global crypto exchanges in September was $1.67 trillion, down 9.7% from August ($1.85 trillion).

The world's largest exchange, Binance, recorded $636.5 billion in September, maintaining first place but down from $737.1 billion in August. It was followed by Bybit with $132.1 billion, Gate.io with $124.0 billion, and Bitget with $117.9 billion.

Decentralized exchange (DEX) volume also slightly decreased from $368.8 billion in August to $363.4 billion in September. Uniswap (UNI) fell from $143.0 billion to $106.5 billion, while PancakeSwap (CAKE) rose from $58.7 billion to $79.8 billion.

Meanwhile, while exchange spot volumes declined, U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) turned to net inflows. According to crypto data platform SoSoValue, net inflows to U.S. Bitcoin spot ETFs in September were $3.53 billion, a clear rebound from August's net outflow of $751.1 million.

CAKE

UNI

BTC