CEX Data in Oct, volume increased by over 40%, while traffic increased by 16%

Nov 13, 2023

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.

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