Data: The trading volume of encrypted derivatives has decreased by 24% compared to before the FTX crisis, while dYdX's derivatives trading volume increased by 1.8 billion dollars in a week

ChainCatcher message, the cryptocurrency data aggregator CoinGecko analyzed the data changes of the top 3 centralized exchanges Binance, Bybit, OKX, and the decentralized exchange dYdX before and after the FTX crisis (from October 1, 2022, to December 18, 2022).

From November 14 to December 12, the derivatives trading volume of cryptocurrency exchanges Binance, Bybit, OKX, and dYdX has fallen below the levels before the FTX crisis, averaging about $30.56 billion, which is a 24% decrease from the level of $99.1 billion in the week of October 3, before the FTX crisis.

During the period from December 5 to December 12, the derivatives trading volume on the decentralized exchange dYdX rose from $3.4 billion to $5.2 billion, an increase of $1.8 billion. In the week from December 12 to December 18, the average daily derivatives trading volume on dYdX reached $738 million. (Source link)