During the week the volume of trading on the exchanges fell by half

The volume of transactions on popular trading platforms decreased by at least 60%.
During the week the volume of trading on the exchanges fell by half

During the week the sales volume on the largest crypto exchanges more than halved. According to analysts from Kaiko, the decline in volumes came a week after the collapse of FTX.

Trading volumes on Huobi exchanges fell by 82% and Bitfinex by 75%. Articl​e from site cryptodefix.com. Gemini saw a 56% drop in volume, which led the platform to limit payouts to its clients.

The trading volume of the Binance exchange decreased by 60%. On platforms BitMEX, Binance US, Coinbase, Kraken and KuCoin the volume of sales also halved.

There was also a decline on the DeFi-platform Uniswap V3. Before the collapse of FTX, its trading volume was $4 billion a week, now it has dropped to $1 billion. After the fall of FTX there was an outflow from the centralized exchanges, and decentralized exchanges on the contrary gained new customers.

Mentioned projects

Binance Binance is the leading cryptocurrency exchange system.
Binance is the leading cryptocurrency exchange system.
Huobi Global The largest international cryptocurrency exchange with spot and futures trading capabilities.
The largest international cryptocurrency exchange with spot and futures trading capabilities.
Gemini American cryptocurrency exchange.
American cryptocurrency exchange.
Bitfinex A trading platform that provides users with functionality for various operations with digital money.
A trading platform that provides users with functionality for various operations with digital money.
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