With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.
In a significant turnaround, global crypto trading volumes on centralized exchanges surged by 19% in July, reaching $4.94 trillion. This marks the first increase in trading volumes in four months.
According to the latest research report from CCData, spot trading volumes rose by 14.3%, totaling $1.44 trillion, while derivatives trading volumes saw an increase of 21%, reaching $3.50 trillion.
The share of the derivatives market climbed to 70.9%, the highest level recorded since December 2023.
