CEX July Trading Report: BitMart, Upbit & Coinbase Lead
CEX July trading report shows 62% spot volume growth, led by BitMart, Upbit, and Coinbase. Derivatives and traffic also surged.
- Spot trading volume surged 62% in July on CEXs.
- BitMart, Upbit, and Coinbase topped spot growth charts.
- Derivatives and website traffic posted strong gains.
The CEX July trading report reveals a significant market rebound, with spot trading volumes jumping 62% month-on-month (MoM). BitMart led the way with a staggering 143% increase, followed closely by Upbit at 141% and Coinbase at 79%. These figures highlight growing activity among both retail and institutional traders. However, analysts note that some results could be influenced by wash trading or automated bot activity.
Derivatives Market Gains Momentum
Derivatives volumes also rose strongly, recording a 31% MoM increase. KuCoin topped the derivatives leaderboard with 71% growth, followed by Bitget at 57% and Crypto.com at 51%. This uptick signals increased appetite for leveraged trades, likely fueled by mid-summer price swings across major cryptocurrencies.
Website Traffic Sees Strong Growth
Beyond trading activity, website visits to major CEXs rose 16% in July. HTX saw the biggest jump at 85%, while Bitfinex and Kraken posted 47% and 42% increases, respectively. Rising traffic often reflects growing trader interest, but these metrics can also be affected by non-human visits.
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