February CEX Data Report: Significant Decline in Trading Volume Across Major CEXs - Spot Down 21%, Derivatives Down 15%, Website Traffic Down 20%
Author | WuBlockchain
In February 2025, the spot trading volume of major CEXs decreased by 21% compared to January. The top three CEXs in terms of change rate were Bitfinex +14%, MEXC +3%, and Bitget -15%. The bottom three CEXs were Upbit -46%, Crypto.com -29%, and Kraken -27%.
The derivatives trading volume of major CEXs in February decreased by 17% compared to January. The top three CEXs in terms of change rate were MEXC +7%, Gate +4%, and HTX -13%. The bottom three CEXs were Crypto.com -27%, Kraken -26%, and KuCoin -25%.
The website traffic of major CEXs in February decreased by 20% compared to January. The top three CEXs in terms of change rate were HTX +45%, OKX +15%, and Bitget +6%. The bottom three CEXs were KuCoin -62%, Upbit -35%, and Coinbase -29%.
Note: These data points may be influenced by wash trading or bot activity. Spot and derivatives data were sourced from CoinGecko, while website traffic data was obtained from Similarweb.
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