logo

December Exchange Rankings: CEX and DEX Simultaneously Weaken, On-Chain Perpetual Contract Trading Volume Declines by 30%

By: blockbeats|2026/01/09 12:00:01
0
Share
copy

According to BlockBeats data:

By December 2025, the spot ="/wiki/article/trading-volume-267">trading volume of mainstream CEXs had decreased by 35% compared to November. The top three with the highest change rates were HTX -16.48%, Bybit -16.67%, and Bitget -16.98%. The bottom three were Kucoin -39.85%, Binance -40.85%, and Upbit -43.75%.

In December, the perpetual contract trading volume of mainstream CEXs decreased by 26% compared to November. The top three with the highest change rates were HTX -7.21%, Kraken -7.69%, and Bitget -20.73%. The bottom three were Bybit -29.40%, Crypto.com -29.93%, and Kucoin -40.11%.

December Exchange Rankings: CEX and DEX Simultaneously Weaken, On-Chain Perpetual Contract Trading Volume Declines by 30%

In December, the website traffic of mainstream CEXs decreased by 11% compared to November. The top three with the highest change rates were OKX 11.37%, Bitget 7.43%, and Bybit 5.68%. The bottom three were Coinbase -13.64%, -Upbit 20.46%, and HTX -75.29%.

In December, the website download volume of mainstream CEXs decreased by 3.5% compared to November. The top three with the highest change rates were Bybit 20%, OKX 11.46%, HTX -3.15%. The bottom three were Upbit -16.81%, Kraken -16.88%, and Coinbase -19.81%.

In December, the perpetual contract trading volume of mainstream Perp DEXs decreased by 30% compared to November, and the website traffic decreased by 20%.

Note: Some data may have serious suspicions of wash trading / bot activity. Spot and derivative data source: Coingecko; Traffic data source: Similarweb; Download data source: Dot platform.

-- Price

--

You may also like

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

Contents

Popular coins

Latest Crypto News

Read more