Bitcoin

<a target="_blank" href="https://tokeninsight.com/en/dashboard/exchange/total-volume" rel="noopener noreferrer nofollow">TokenInsight Dashboard</a> shows that last week (October 15-October 21), as the price of Bitcoin rose, the weekly trading volume of top exchanges also went up, increasing by 45.7% compared with the previous week to approximately $522.3 billion, exceeding $500 billion for the first time since mid-August. The top exchanges' spot volume last week was $96.60 billion, an increase of 49.6%, and the derivatives volume was $425.69 billion, an increase of 44.9%.
<img src="https://s2.tokeninsight.com/static/calendar/img202310230324421f32dfc5-0daf-4877-a562-763ea0e1e410.jpg">
The top 5 exchanges' trading volumes last week are as follows:
<ul>
 <li>Binance: $254.67 billion, up 41.4%. The market share is 49.66%</li>
 <li>OKX: $92.48 billion, up 47.3%. The market share is 18.03%</li>
 <li>Bybit: $76.49 billion, up 51.2%. The market share is 14.91%</li>
 <li>Coinbase: $6.59 billion, up 51.1%. The market share is 1.29%</li>
 <li>Bitget: $36.10 billion, up 37.9%. The market share is 7.04%</li>
</ul>
Note: TokenInsight has selected some exchanges based on <a target="_blank" href="https://tokeninsight.com/zh/exchanges?type=centralized" rel="noopener noreferrer nofollow">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" rel="noopener noreferrer nofollow">Binance</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/coinbase" rel="noopener noreferrer nofollow">Coinbase</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/okx" rel="noopener noreferrer nofollow">OKX</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bybit" rel="noopener noreferrer nofollow">Bybit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kucoin" rel="noopener noreferrer nofollow">KuCoin</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitget" rel="noopener noreferrer nofollow">Bitget</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/upbit" rel="noopener noreferrer nofollow">Upbit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/gate" rel="noopener noreferrer nofollow">Gate</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kraken" rel="noopener noreferrer nofollow">Kraken</a>, and <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitfinex" rel="noopener noreferrer nofollow">Bitfinex</a>. The 10 selected derivative exchanges are <a target="_blank" href="https://tokeninsight.com/zh/exchanges/binance" rel="noopener noreferrer nofollow">Binance</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/okx" rel="noopener noreferrer nofollow">OKX</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bybit" rel="noopener noreferrer nofollow">Bybit</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kucoin" rel="noopener noreferrer nofollow">Kucoin</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitget" rel="noopener noreferrer nofollow">Bitget</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/gate" rel="noopener noreferrer nofollow">Gate</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/kraken" rel="noopener noreferrer nofollow">Kraken</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitfinex" rel="noopener noreferrer nofollow">Bitfinex</a>, <a target="_blank" href="https://tokeninsight.com/zh/exchanges/bitmex" rel="noopener noreferrer nofollow">BitMEX</a>, and <a target="_blank" href="https://tokeninsight.com/zh/exchanges/deribit" rel="noopener noreferrer nofollow">Deribit</a>. <a target="_blank" href="https://tokeninsight.com/zh/exchanges" rel="noopener noreferrer nofollow">Learn more</a>
<img src="https://s2.tokeninsight.com/static/calendar/img202310230324480758abc6-3080-48be-a1be-37165f364480.jpg">
Stay updated with the most important <a target="_blank" href="https://tokeninsight.com/en/news" rel="noopener noreferrer nofollow">cryptocurrency news</a> and valuable insights, conveniently delivered to your email every day. <a rel="noopener noreferrer nofollow" target="_blank" href="https://mailchi.mp/tokeninsight/newsletter">Subscribe to the TokenInsight mailing list now!</a>
Prefer social media? Follow us on <a rel="noopener noreferrer nofollow" target="_blank" href="https://twitter.com/tokeninsight">Twitter</a>, or subscribe to our <a rel="noopener noreferrer nofollow" target="_blank" href="https://t.me/TokenInsightchannel">Telegram channel!</a>
If you have news reports or announcements that you want to reach a wider audience, feel free to email us at <a rel="noopener noreferrer nofollow">news@tokeninsight.com</a>

Top Exchanges' Trading Volume Last Week Reached Two-Month High, Increasing by Over 45%

TokenInsight

Other articles published on Oct 23, 2023

Join our free newsletter for daily crypto updates!