Major CEXS witnessed a significant decline in spot trading volume compared to the volume recorded in December 2024. The top exchange for change rate is HTX, with minus 8% and bitgets lag behind at -46%. Derivative trading volume fell 17% for a month.
A major crypto centralized exchange was witnessed as spot trading volumes fell 25% in January 2025 compared to the figures recorded in December 2025. data Collected and edited by the WublockChain team, the top three exchanges of change show that the negative 8% HTX, negative 10% Kraken, and negative 11% BYBIT are HTX.
The exchange that was in the back claimed three spots at the bottom: bitget, negative 46%. Kucoin, negative 41%. and MEXC, minus 36%.
Binance leads CEXS with the highest spot trading volume
The charts shared in the report show that Binance recorded its biggest volumes in both December last year and January 2025. The chart shows that the exchange witnessed spot trading volumes of over $1 trillion in December and roughly $782 billion in January.
Crypto.com ranked second in December with $321 million and $222 million in January. Bybit came in third place with $257 million in December and $228 million in January, while Upbit was close at $287 million in December and $185 million in January I was late.
Kraken, Kucoin, and Bitfinex took up the three slots below. Kraken’s spot trading volume was around $54 million in December and $48 million in January, while Kucoin was $78 million in December and $46 million in January.
According to data, mothers’ derivative trading volumes fell by 17%. Data also showed that the top three companies in January in terms of change rates were gated with a positive 3%, a negative 4% MEXC, and a negative 18% Delibit. Binance, Kraken, and Bybit claimed the lower three slots of negative 21%, negative 21%, and negative 20% respectively.
CEXS’ futures trading volume will decrease by 17.4%
The volume of futures trading on central exchanges in January 2025 also decreased since December 2024. The cumulative decline in CEXS amount fell by 17.4%, according to the report. Binance recorded the biggest drop of 21% over the course of two months.
Kraken, Bybit and Crypto.com followed Binance at 20.6%, 20.2% and 20% respectively. This report shows that Binance recorded the largest futures trading volume during the listed central exchanges. In December 2024, the exchange’s futures trading volume was $3 trillion, with $2.4 trillion seen in January.
OKX and BYBIT followed Binance behind $1.2 trillion each in December and about $900 billion each in January. In two months, Kraken Exchange recorded its lowest futures trading volume, settling at $40 billion in December and $31 billion in January.
Meanwhile, Kucoin recorded a decline of 18.9%, while Deribit and Okx witnessed a decline of 18.9% and 18.7% over the same time frame. Gate was a 2.8% highest rate change, and between December and January, the only exchange on the list was due to a change in the positive rate of futures trading volume.
CEX website traffic fell by 2.3%
In January, centralized exchange website traffic under scrutiny also fell, marking a 2.3% drop from the previous month. GATE, Crypto.com and MexC took three positions, 46%, 28% positive and 6% positive respectively. Meanwhile, HTX registered a negative 23% and OKX recorded a negative 17%. Upbit followed the lawsuit with a negative 14% rate of change.
Binance received the largest website traffic in both December and January. The exchange received 83 million website visits in December and 77 million in January. data From SimaryWeb, 9% of Binance website traffic for the past two months was from India and 8% from Brazil.
Coinbase followed Binance with 65 million visits in December and 61 million visits in January. According to SimaryWeb, the majority of exchange visits came from the US (64%), with the UK and Brazil accounting for only 5% and 4% respectively.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
