According to CoinGecko, the total volume of centralized exchanges (CEX) in 2024 reached $18.83 trillion, an increase of 134% from $8.05 trillion in 2023, but still below the all-time high of $25.21 trillion in 2021.
Despite a significant recovery in trading volumes in 2024, it has not yet returned to the peak levels of the 2021 bull market. The competition landscape in the crypto trading market is evolving, with emerging exchanges such as Crypto.com and Bybit emerging rapidly, while established exchanges such as OKX, HTX, and MEXC have seen their market share decline.
Crypto trading volume reaches $18.83 trillion in 2024, still below 2021 peak
2025-02-13 02:07:09
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