Top Exchanges' Derivatives Volume Last Week Less Than $300B, Third Lowest in 2023

Top Exchanges' Derivatives Volume Last Week Less Than $300B, Third Lowest in 2023

According to TokenInsight Dashboard, during the last week (October 8-October 14), the top exchanges' total trading volume was $358.4 billion, down 17.7% compared to the previous week. The spot volume was $64.59 billion, down 12.2%, while the derivatives volume was $293.78 billion, down 18.9%. Last week's total trading volume and derivatives volume were both the third-lowest this year, only better than January 1-January 7, and September 3-September 9.

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

  • Binance: $180.10 billion, down 19.1%. The market share is 51.36%
  • OKX: $62.79 billion, down 15.4%. The market share is 17.90%
  • Bybit: $50.58 billion, down 17.4%. The market share is 14.42%
  • Coinbase: $4.36 billion, down 25.7%. The market share is 1.24%
  • Bitget: $26.17 billion, down 11.6%. The market share is 7.46%

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

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Data

Exchanges

Binance

Coinbase

OKX

In This Article

Related News
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
Binance South Africa to require information on senders and recipients for local compliance Binance South Africa to require information on senders and recipients for local compliance
Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument
Latest News More More
20 Hours Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
1 Day Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
1 Day Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
4 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open