The total trading volume of CEX spot and derivatives fell by 11.5% in August, and the spot trading volume hit a new low since March 2019.

Odaily Planet Daily News According to a CCData report, the total spot and derivatives trading volume of centralized exchanges (CEX) fell by 11.5% to US$2.09 trillion in August. CCData data shows that CEX’s spot trading volume fell for the second consecutive month in August, falling 7.78% to $475 billion, a new low since March 2019. CEX derivatives trading volume fell more than 12% to $1.62 trillion in August, the second lowest since 2021. The dollar value of open interest in derivatives fell 19.5% to $17.1 billion in August, with open interest on some exchanges falling by $4.13 billion, the largest drop in open interest this year. (CoinDesk)