CoinDesk Data – Exchange Review, Jul 2025
Summary
The main topic is an overview of cryptocurrency exchanges with a focus on trading volumes in spot and derivatives markets.
In July, cryptocurrency trading volumes reached an annual high. Spot trading volumes increased by 53.7% to $2.2 trillion, and derivatives volumes grew by 30.6% to $6.5 trillion. The growth was primarily driven by top-tier exchanges such as Binance, Bybit, and OKX.
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