July Exchange Data Report: FTX Volume Down Most, Network Traffic Down 10%

Author: Joey Wu

The statistics processed by WuBlockchain analysts show that:

1. Spot trading volume of major exchanges in July fell 1.7% MoM. The biggest increases included OKX +30%, Bitmart +18% and Binance US +76%. The largest decreases were LBank -51%, Huobi -31% and Gate -31%.

2. Derivatives trading volume of major exchanges in July fell 5.2% MoM. The largest decreases were Deribit -28%, Crypto.com -25% and FTX -11%.

3. Exchange website traffic declined 10% MoM in July, with the top gainers being MEXC +27%, Bitget +14% and Bitmart +15%. The top decliners were FTX -33%, Huobi -21% and OKX -20%. The main traffic sources are Russia, US and Korea.

Note: The following data may be heavily suspected of click farming. Spot and derivatives data from Coingecko; traffic data from Similarweb.