TokenInsight data charts show that after two consecutive weeks of low trading volume, the total trading volume of the top exchanges returned to above $400 billion last week (October 1-October 7), reaching about $435.7 billion, an increase of about 15.8% compared with the previous week. In addition, the spot trading volume of the top exchanges last week was about $73.54 billion, an increase of about 18.8%, and the derivatives trading volume was about $362.18 billion, an increase of about 15.2%.
The total trading volumes of the top 5 exchanges last week were:
Binance: $222.58 billion, up 18.3% from the previous week, with a market share of 52.33%;
OKX: USD 74.21 billion, up 6.7% from the previous week, with a market share of 17.45%;
Bybit: USD 61.25 billion, up 19.0% from the previous week, with a market share of 14.40%;
Coinbase: US$5.87 billion, up 20.8% from the previous week, with a market share of 1.38%;
Bitget: US$29.59 billion, up 14.9% from the previous week, with a market share of 6.96%.
Note: TokenInsight selects some exchanges to calculate the total trading volume based on the exchange database, but does not include all exchanges. We selected 10 exchanges each for spot and derivatives as representatives. The selected exchanges can account for more than 90% of the total market trading volume. The 10 spot exchanges are Binance, Coinbase, OKX, Bybit, KuCoin, Bitget, Upbit, Gate, Kraken and Bitfinex. The 10 exchanges for derivatives are Binance, OKX, Bybit, Kucoin, Bitget, Gate, Kraken, Bitfinex, BitMEX, Deribit. Learn more
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