CCData: In the first half of the year, Bitget, Crypto.com, and Bybit saw the largest market share increases

2024-07-16 14:07:33

Collection

ChainCatcher news, recently, the crypto data platform CCData released its outlook report for the second half of 2024. The report outlines the landscape of centralized exchanges and the evolving dynamics of market share. In the first half of the year, centralized exchanges (CEX) experienced significant growth, with total spot trading volume reaching $10.6 trillion, an increase of 145% compared to the second half of 2023. Among them, Bitget saw the largest market share increase, reaching 38.4%, followed by Crypto.com and Bybit, which grew by 24.6% and 22.2%, respectively.

In the derivatives market, the open interest across exchanges grew by 30.5% in May, reaching $55.2 billion. The top three exchanges with the highest increase in open interest were Bitget (up 39.2%), Binance (up 33.2%), and OKX (up 22.1%).

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.