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Spot trading volume on crypto exchanges fell to $1.59 trillion in November, the lowest level since June

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2025-12-01 03:36:13
According to The Block's data panel, monthly spot trading volume on cryptocurrency exchanges fell to $1.59 trillion in November, the lowest level since June and down 26.7% from October's $2.17 trillion, making November the worst month after June's $1.14 trillion trading volume.
Binance remains the most traded exchange, recording $599.34 billion volume in November, but this figure is down sharply from $810.44 billion in October, reflecting a general pullback across the industry. Bybit is in second place with $105.80 billion volume, followed by Gate.io ($96.75 billion) and Coinbase ($93.41 billion).
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