CEX Data in Feb: Trading Volume and Web Traffic Both Decline

Data compiled by WuBlockchain team shows:

In February, the spot trading volume of major exchanges decreased by 1.6% compared to the previous month. The top three in terms of change rate were Bitget 18%, Bybit 8%, and Binance 7%. The bottom three were HTX -23%, Upbit -20%, and Mexc -20%.

The derivatives trading volume of major exchanges in February decreased by 5.1% compared to the previous month. The top three in terms of change rate were Mexc 34%, Crypto.com -1%, and Gate -2%. The bottom three were Deribit -10%, OKX -9%, and Kucoin -7%.

The web traffic of major exchanges in February decreased by 2% compared to the previous month. The top three in terms of change rate were Bitget 39%, Coinbase 2%, and Binance -2%. The bottom three were HTX -23%, Deribit -20%, and Bitmart -17%.

Note: The following data may be subject to serious suspicion of volume manipulation/bots. Spot and derivative data is from Coingecko; traffic data is from Similarweb.