Colin Wu (Colin Wu) reported that the highest growth rates were shown by KuCoin (171%), Crypto.com (79%) and MEXC (44%). The worst performance was demonstrated by Gate (-44%), HTX (4%) and Upbit (17%).
“Over the past year, the largest total trading volume in monthly terms occurred in March – almost $2.5 trillion,” the expert specified.
In August, turnover on the largest crypto derivatives platforms increased by 32% compared to the previous month, the journalist noted. The best indicators were shown by MEXC (71%), Crypto.com (70%) and Deribit (47%), and the lowest by Bybit (26%), OKX (27%) and KuCoin (27%). Colin Wu emphasized that he used information from CoinGecko and SimilarWeb, but the data may be distorted due to bot activity.
Earlier, the founder of the investment company Ikigai Asset Management Travis Kling said that most of the crypto community is now less involved in the life of the market than several years ago due to a decrease in faith in the potential of cryptocurrency projects.
Source: Bits
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