Exchange Review

CryptoCompare’s monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.

  • December 13, 2022

In November, the crypto markets fell significantly after the collapse of one of its largest centralised exchanges, FTX. This resulted in a market wide sell-off, with Bitcoin falling 16.3% to $16,978. As a result, trading activity across centralised exchanges rose sharply, with spot and derivatives trading volume increasing by 13.7% and 10.1%, respectively in November.

November Highlights

  • Spot and derivatives trading on centralised exchanges rose 13.7% and 10.1% to $1.06tn and $1.44tn, respectively.
  • Total derivatives trading volume hit $297bn on November 8th, recording the second largest derivatives trading day in digital asset history, only next to May 19th 2021.
  • Binance has increased its market share to 52.9% - its largest-ever market dominance.
  • BTC Netflows Record Largest Outflows from Exchanges in its history with a netflow of -91,363 Following FTX Collapse.

*Updated 15/12/2022

Download report
Thank you! Click the button to download the report.
Download
Oops! Something went wrong while submitting the form.

Exchange Review

CryptoCompare’s monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.

  • December 13, 2022

Report Summary

In November, the crypto markets fell significantly after the collapse of one of its largest centralised exchanges, FTX. This resulted in a market wide sell-off, with Bitcoin falling 16.3% to $16,978. As a result, trading activity across centralised exchanges rose sharply, with spot and derivatives trading volume increasing by 13.7% and 10.1%, respectively in November.

November Highlights

  • Spot and derivatives trading on centralised exchanges rose 13.7% and 10.1% to $1.06tn and $1.44tn, respectively.
  • Total derivatives trading volume hit $297bn on November 8th, recording the second largest derivatives trading day in digital asset history, only next to May 19th 2021.
  • Binance has increased its market share to 52.9% - its largest-ever market dominance.
  • BTC Netflows Record Largest Outflows from Exchanges in its history with a netflow of -91,363 Following FTX Collapse.

*Updated 15/12/2022

Download report

More Featured Reports

Stablecoins & CBDCs Report
The latest Stablecoin insights from CCData's award-winning research team, featuring trading volumes, peg deviations and more.
  • March 20, 2024
  • Stablecoins Report
Exchange Review
CCData's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
  • March 8, 2024
  • Exchange Review
Digital Asset Management Review
CCData’s Digital Asset Management Review provides an overview of the global digital asset investment product landscape. Our review focuses on key developments across various product types and tracks the adoption of these products by analysing assets under management, trading volumes, price performance and more.
  • March 4, 2024
  • DAMR
Environmental, Social and Governance (ESG) Benchmark
This new benchmark, created by CCData in partnership with CCRI, provides a framework for assessing the ESG risks and opportunities associated with 40 of the largest, most liquid digital assets, over 11 core categories of evaluation.
  • February 29, 2024
  • ESG

Stay Up To Date

Get our latest research, reports and event news delivered straight to your inbox.