Nansen: After the FTX collapse, trading volumes on Kraken, Bybit, and Bitget increased
ChainCatcher message, according to the Nansen report, the spot trading volume of most cryptocurrency exchanges has declined in the six months following the collapse of FTX. However, Kraken and Bybit saw an increase, with Kraken's average monthly trading volume growing by 14.4% to $18.9 billion, and Bybit increasing by 7.65% to $18.2 billion. During this period, Binance remained the highest volume centralized exchange, with a slight decrease of 0.2% to $444 billion.
In terms of derivatives trading, Bitget's average monthly trading volume grew by 4.85% in the six months following the collapse of FTX, reaching $204 billion. Binance remains the highest volume centralized exchange, with derivatives trading amounting to $1.3 trillion, a decrease of 12.9% compared to before the collapse of FTX. (The Block)