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Mainstream CEX Spot Trading Volume Drops 35% MoM in December, Contract Trading Volume Down 26%
Summary: According to reports, data shows that in December 2025, the spot trading volume of mainstream CEX platforms decreased by 35% compared to November, with HTX (-16.48%), Bybit (-16.67%), and Bitget (-16.98%) experiencing relatively smaller declines. Kucoin (-39.85%), Binance (-40.85%), and Upbit (-43.75%) were more significantly affected by the current market downturn. Perpetual contract trading volume ...
According to reports, data shows that in December 2025, the spot trading volume of mainstream CEX platforms decreased by 35% compared to November, with HTX (-16.48%), Bybit (-16.67%), and Bitget (-16.98%) experiencing relatively smaller declines. Kucoin (-39.85%), Binance (-40.85%), and Upbit (-43.75%) were more significantly affected by the current market downturn.
Perpetual contract trading volume decreased by 26% compared to November, with Bybit (-29.40%), Crypto.com (-29.93%), and Kucoin (-40.11%) being heavily impacted by the bearish market conditions.
In addition, the perpetual contract trading volume of mainstream Perp DEX platforms in December decreased by 30% compared to November, with website traffic also dropping by 20%.
For more detailed data, refer to the internal report 'December Trading Platform Rankings: CEX and DEX Simultaneously Weakening, On-chain Perpetual Contract Trading Volume Down 30%'.
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Link: Mainstream CEX Spot Trading Volume Drops 35% MoM in December, Contract Trading Volume Down 26% [Copy]
