CEX Data Report in September, Spot Trading Volume Down 14%, Derivatives Trading Volume Down 28%, Website Traffic Down 6%

Data statistics conducted by the WuBlockchain team show:

In September 2025, the spot trading volume on major exchanges decreased by 14% compared to August. The top three exchanges by change rate were Bybit (+1%), MEXC (+0.2%), and BitMart (-7%). The bottom three were Bitfinex (-27%), Crypto.com (-26%), and OKX (-25%).

The derivatives trading volume on major exchanges in September decreased by 28% compared to August. The top three exchanges by change rate were Crypto.com (-19%), KuCoin (-19%), and Binance (-21%). The bottom three were MEXC (-50%), Kraken (-39%), and HTX (-37%).

Website traffic to major exchanges in September decreased by 6% compared to August. The top three exchanges by change rate were Bitget (+25%), KuCoin (+3%), and BitMart (+1%). The bottom three were Bitfinex (-27%), HTX (-23%), and MEXC (-15%).

Note: The following data may be suspected of significant wash trading/bot activity. Spot and derivatives data comes from Coingecko; traffic data comes from Similarweb.

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