Growth in CEX Trading Volumes

🌀In 2024, spot trading volumes on centralized exchanges (CEX) surged by 139% compared to the previous year, while derivatives trading nearly doubled. Binance maintained its market leadership, though its share of the spot and derivatives markets fell to 39% and 38%, respectively.

🌀Bybit demonstrated remarkable growth, increasing its spot trading volumes by 400%, while Crypto.com saw nearly a tenfold rise in both spot and futures trading. Exchange traffic grew by 22%, with Bitget leading in visitor growth at +103%. Binance reported a total of 250 million registered accounts.