Trading volume on centralized exchanges recovered in January
Spot trading on major exchanges rose 57.8% month-on-month in January. The three biggest increases were Upbit +166%, BitMart +110% and KuCoin +90%.
Derivatives trading on the main exchanges rose 47.6% in January from the previous month. The three biggest increases were Phemex +190%, Bybit +98% and Gate +85%.