This report analyzes the cryptocurrency exchange industry throughout 2025, focusing on market dynamics, trading volumes, regulatory developments, security challenges, and market share distribution between centralized and decentralized exchanges.
Key findings include Bitcoin prices peaking near $125,000 in September 2025, total exchange trading volume reaching $30 trillion in Q3, and centralized exchanges dominating with 91.67% market share while decentralized exchanges gained traction, especially in derivatives trading. The report also highlights regulatory progress and significant security incidents emphasizing operational resilience.