In 2024, centralized crypto exchanges reported a total trading volume of $19 trillion, more than doubled compared to $8.05 trillion in 2023. Binance maintained its dominant position, while Crypto.com achieved significant growth of 970%, surpassing Coinbase.

Despite the growth, the 2024 trading volume was still lower than the all-time high of $25.21 trillion in 2021. The data indicates steady demand and evolving market dynamics, highlighting significant shifts since the collapse of FTX.