CEX Data in Oct, volume increased by over 40%, while traffic increased by 16%
According to statistics gathered by the WuBlockchain: For October, the spot trading volume of major exchanges rose by 57.5% month-on-month, hitting a new high since April of this year. The top three in terms of percentage change were Crypto.com at 201%, Upbit at 75%, and Bybit at 73%. The bottom three were Huobi at 31%, Coinbase at 49%, and Kucoin at 50%. In terms of derivative trading volume, major exchanges saw a 44.5% month-on-month increase, reaching a new high since June of this year. The top three in percentage change were Deribit at 260%, Crypto.com at 199%, and Bitmex at 171%. The bottom three were Huobi at 14%, Binance at 62%, and OKX at 65%. The website traffic for major exchanges in October increased by 15.6% month-on-month. The top three in percentage change were Kucoin at 47%, Huobi at 36%, and Bitget at 35%. The bottom three were Bitmart at -4.8%, Gate at -1.6%, and Mexc at 3.3%. Note: The data below might have significant suspicions of inflated volumes or bot activity. Spot and derivative data are sourced from Coingecko; traffic data is sourced from Similarweb. Follow us Wu Blockchain is free today. But if you enjoyed this post, you can tell Wu Blockchain that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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