Bitcoin

According to <a target="_blank" href="https://tokeninsight.com/en/dashboard/exchange/total-volume">TokenInsight Dashboard</a>, during the last week (August 27-September 2), the top exchanges' total trading volume was $464.8 billion, up 19.4% compared to the previous week. On August 29, following the <a target="_blank" href="https://tokeninsight.com/en/coins/bitcoin/overview">Bitcoin</a> price surge, the daily total trading volume reached $122.19 billion, the second-highest since July 15, 2023. However, the monthly total trading volume in August hit a new low in 2023. At $2.015 trillion, August's volume is the second-lowest within the last two years, only better than December 2022.
Meanwhile, last week's spot volume was $71.24 billion, up 16.3% compared to the previous week. The weekly derivatives volume was $393.55 billion, up 20.0%.
<img src="https://s2.tokeninsight.com/static/calendar/img20230904040023bcdda1f1-668a-4e77-b7c2-9b434317af82.jpg">
The top 5 exchanges' total trading volumes last week are as follows:
<ul>
 <li>Binance: $244.69 billion, up 20.0%. The market share is 53.47%</li>
 <li>OKX: $75.63 billion, up 20.5%. The market share is 16.53%</li>
 <li>Bybit: $63.32 billion, up 32.1%. The market share is 13.84%</li>
 <li>Coinbase: $5.51 billion, up 1.7%. The market share is 1.20%</li>
 <li>Bitget: $40.77 billion, up 5.6%. The market share is 8.91%</li>
</ul>
Note: TokenInsight has selected some exchanges based on <a target="_blank" href="https://tokeninsight.com/zh/exchanges?type=centralized">our database</a> 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 <a target="_blank" href="https://tokeninsight.com/zh/exchanges/binance">Binance</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/coinbase">Coinbase</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/okx">OKX</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bybit">Bybit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kucoin">KuCoin</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitget">Bitget</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/upbit">Upbit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/gate">Gate</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kraken">Kraken</a>, and <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitfinex">Bitfinex</a>. The 10 selected derivative exchanges are <a target="_blank" href="https://tokeninsight.com/zh/exchanges/binance">Binance</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/okx">OKX</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bybit">Bybit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kucoin">Kucoin</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitget">Bitget</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/gate">Gate</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kraken">Kraken</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitfinex">Bitfinex</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitmex">BitMEX</a>, and <a target="_blank" href="https://tokeninsight.com/zh/exchanges/deribit">Deribit</a>. <a target="_blank" href="https://tokeninsight.com/zh/exchanges">Learn more</a>
<img src="https://s2.tokeninsight.com/static/calendar/img20230904040134db6e15eb-ae15-419e-a76a-00dbff91b3fe.jpg">
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Top Exchanges' Total Trading Volume Hit 2023 Low in August, Despite Rising Nearly 20% Last Week

TokenInsight

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