Exchange Review

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.

  • December 6, 2023

In November, the combined spot and derivatives trading volume on centralised exchanges rose for the second consecutive month, rising 40.7% to $3.61tn, recording the highest combined monthly trading volumes since March 2023.

Key Takeaways

  • spot trading volume on centralised exchanges rose for the second consecutive month, rising 52.8% to $965.8bn, recording the highest spot trading volume since March 2023.
  • In November, the combined spot and derivatives trading volumes on Binance rose 34.2% to $1.57tn, however, the exchange’s market share has continued to decline for the ninth consecutive month to 43.4%.
  • The derivatives trading volume on the CME exchange rose 18.4% to $67.9bn, recording the highest volumes since November 2021.

Download report
Thank you! Click the button to download the report.
Download
Oops! Something went wrong while submitting the form.

Exchange Review

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.

  • December 6, 2023

Report Summary

In November, the combined spot and derivatives trading volume on centralised exchanges rose for the second consecutive month, rising 40.7% to $3.61tn, recording the highest combined monthly trading volumes since March 2023.

Key Takeaways

  • spot trading volume on centralised exchanges rose for the second consecutive month, rising 52.8% to $965.8bn, recording the highest spot trading volume since March 2023.
  • In November, the combined spot and derivatives trading volumes on Binance rose 34.2% to $1.57tn, however, the exchange’s market share has continued to decline for the ninth consecutive month to 43.4%.
  • The derivatives trading volume on the CME exchange rose 18.4% to $67.9bn, recording the highest volumes since November 2021.

Download report

More Featured Reports

Exchange Review
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.
  • June 5, 2024
  • Exchange Review
Stablecoins & CBDCs Report
Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.
  • May 29, 2024
  • Stablecoins Report
Exchange Review
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.
  • May 8, 2024
  • Exchange Review
Exchange Benchmark
CCData's Exchange Benchmark is the industry standard for ranking the risk associated with the digital asset exchange sector. The report is backed by thousand of research hours and utilises over 200 qualitative and quantitative metrics.
  • April 30, 2024

Stay Up To Date

Get our latest research, reports and event news delivered straight to your inbox.