Top Exchanges' Weekly Trading Volume Dropped over 30% Last Week to New Low in 2023

Top Exchanges' Weekly Trading Volume Dropped over 30% Last Week to New Low in 2023

According to TokenInsight Dashboard, during the last week (September 3-September 9), the top exchanges' total trading volume was $317.0 billion, recording the lowest weekly trading volume in 2023, down 31.8% compared to the previous week. The former lowest was in the first week of the year (January 1-January 7), with around $334.0 billion traded.

Meanwhile, last week's spot volume was $51.99 billion, down 27.0% compared to the previous week. The weekly derivatives volume was $265.02 billion, down 32.7%.

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

  • Binance: $167.64 billion, down 31.5%. The market share is 53.62%
  • OKX: $50.42 billion, down 33.3%. The market share is 16.13%
  • Bybit: $39.30 billion, down 37.9%. The market share is 12.57%
  • Coinbase: $3.88 billion, down 29.6%. The market share is 1.24%
  • Bitget: $30.45 billion, down 25.3%. The market share is 9.74%

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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Source

Exchanges

Data

Binance

Coinbase

OKX

In This Article

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