In September, the spot trading volume on major exchanges decreased by 19.3% month-on-month, marking the lowest since October 2020. The top three in terms of rate of change were Crypto.com at 31%, Upbit at 16%, and Mexc at 4%. The bottom three were KuCoin at -32%, Binance at -30%, and Huobi at -25%.
In September, the derivatives trading volume on major exchanges decreased by 19.6% month-on-month, also hitting the lowest since October 2020. The top three in terms of rate of change were Crypto.com at 45%, Bitmart at 22%, and Huobi at 3%. The bottom three were KuCoin at -27%, Bitget at -25%, and Binance at -20%.
Website traffic to major exchanges in September decreased by 17.4% month-on-month. The top three in terms of rate of change were Bitmart at 23%, OKX at 1%, and Mexc at -4%. The bottom three were Huobi at -63%, Deribit at -29%, and Gate at -19%.
Note: The following data might be subject to severe wash trading/bot activity suspicion. Spot and derivative data are sourced from Coingecko; traffic data are sourced from Similarweb.
Follow us
Twitter: https://twitter.com/WuBlockchain
Telegram: https://t.me/wublockchainenglish
