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NewsTop Exchanges' Trading Volume Last Week Reached Two-Month High, Increasing by Over 45%

Top Exchanges' Trading Volume Last Week Reached Two-Month High, Increasing by Over 45%

Oct 23,2023,07:30

TokenInsight Dashboard shows that last week (October 15-October 21), as the price of Bitcoin rose, the weekly trading volume of top exchanges also went up, increasing by 45.7% compared with the previous week to approximately $522.3 billion, exceeding $500 billion for the first time since mid-August. The top exchanges' spot volume last week was $96.60 billion, an increase of 49.6%, and the derivatives volume was $425.69 billion, an increase of 44.9%.

The top 5 exchanges' trading volumes last week are as follows:

  • Binance: $254.67 billion, up 41.4%. The market share is 49.66%
  • OKX: $92.48 billion, up 47.3%. The market share is 18.03%
  • Bybit: $76.49 billion, up 51.2%. The market share is 14.91%
  • Coinbase: $6.59 billion, up 51.1%. The market share is 1.29%
  • Bitget: $36.10 billion, up 37.9%. The market share is 7.04%

Note: TokenInsight has selected some exchanges based on our database to calculate the total trading volume, instead of including all exchanges. We have selected 10 exchanges each for spot and derivatives, which account for over 90% of the total trading volume in the market. The 10 selected spot exchanges are Binance, Coinbase, OKX, Bybit, KuCoin, Bitget, Upbit, Gate, Kraken, and Bitfinex. The 10 selected derivative exchanges are Binance, OKX, Bybit, Kucoin, Bitget, Gate, Kraken, Bitfinex, BitMEX, and Deribit. Learn more

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