Strong

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<ul>
 <li><strong>KuCoin saw a 71% month-over-month increase in derivatives trading volume.</strong></li>
 <li><strong>Its spot trading volume also jumped by 65%.</strong></li>
 <li><strong>Overall, the crypto derivatives market grew 31% in July amid the Bitcoin surge.</strong></li>
</ul>
<p>New data <a href="https://wublockchain.medium.com/cex-data-report-in-july-spot-trading-volume-up-62-derivatives-trading-volume-up-31-website-8d6f929f82ec" target="_blank" rel="noopener noreferrer nofollow">compiled</a> by widely followed crypto correspondent Wu Blockchain highlights the monthly performance of the top-ranking crypto exchanges in the derivatives market. Among the exchanges that performed best in terms of monthly change, KuCoin recorded the biggest improvement.</p>
<h2 class="wp-block-heading" id="h-kucoin-leads-in-futures-trading-volume-in-july">KuCoin Leads in Futures Trading Volume in July</h2>
<p>KuCoin had the largest one-month change among the top 11 exchanges according to Wu Blockchain’s CEX Data <a href="https://wublockchain.medium.com/cex-data-report-in-july-spot-trading-volume-up-62-derivatives-trading-volume-up-31-website-8d6f929f82ec" target="_blank" rel="noopener noreferrer nofollow">Report</a> in July. In June, KuCoin registered a futures trading volume of $51.5 billion. By the end of July, this figure had surged to $87.79 billion, marking a 70.8% month-over-month (MoM) growth.</p>
<p>Cumulatively, the derivatives market volume rose by 31% from June to the end of July, with KuCoin making a significant contribution.</p>
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<h2 class="wp-block-heading" id="h-kucoin-s-strong-showing-in-the-spot-market-too">KuCoin’s Strong Showing in the Spot Market, Too</h2>
<p>KuCoin also performed notably in the spot market based on month-over-month metrics. Its spot trading volume climbed approximately 65% in July, rising from …</p>
<p>The post <a href="https://coinedition.com/kucoin-futures-volume-growth-july-report/" rel="noopener noreferrer nofollow">KuCoin Posts Largest Monthly Gains in Futures Trading Among Top 11 Exchanges</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

KuCoin Posts Largest Monthly Gains in Futures Trading Among Top 11 Exchanges

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