In 2025, CEX Contract Trading Soars, App Download Metrics Show User Growth Plateauing
BlockBeats News, January 19th, according to BlockBeats data, in 2025, against the backdrop of price fluctuations and policy expectations, the demand for cryptocurrency CEX spot trading has seen a slight recovery, with a year-on-year increase of 3.6%; while the volume of futures trading has shown a more significant increase, rising by 27%, with HTX and Kucoin both up over 60% from last year.
Binance continues to hold the top position in the industry, with a spot trading volume of about 73 trillion USD and a futures trading volume of over 270 trillion USD, roughly equal to the sum of the second to fourth places. Overall, the volume of futures trading far exceeds that of spot trading and remains the core business of CEX.
However, in 2025, the download volume of mainstream CEX apps decreased by 35.47% year-on-year, indicating a weak growth in the cryptocurrency market user base.
Detailed data has been published on the site's "2025 Exchange Platform Rankings: CEX Spot Trading Volume Slightly Up, Binance Still Holds Absolute Leading Position".
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