CCData's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
September 7, 2023
Report Summary
In August, the combined spot and derivatives trading volume on centralised exchanges fell 11.5% to $2.09tn, recording the lowest combined monthly trading volumes this year. The decrease in trading volumes followed movements in price which led to the largest long liquidation event since the FTX collapse.
Key Takeaways
Spot trading volumes on centralised exchanges fell for the second consecutive month, falling 7.78% to $475bn.
Huobi became the second-largest spot exchange by volume In August. Spot trading volume on the exchange rose 46.5% to $28.9bn, contrary to the general trend in the market.
ETH options volume on the CME set a new all-time high in August, soaring by 77.0% to $365mn
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Digital Asset Management Review
CCData’s Digital Asset Management Review provides an overview of the global digital asset investment product landscape. Our review focuses on key developments across various product types and tracks the adoption of these products by analysing assets under management, trading volumes, price performance and more.
Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalization, trading volume and more.
CCData's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
CCData’s Digital Asset Management Review provides an overview of the global digital asset investment product landscape. Our review focuses on key developments across various product types and tracks the adoption of these products by analysing assets under management, trading volumes, price performance and more.
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