Exchange Review April

CoinDesk Data'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.

  • May 23, 2025
Report cover

Exchange Review April

CoinDesk Data'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.

  • May 23, 2025

Report Summary

In April, the combined spot and derivatives trading volume on centralized exchanges dipped slightly by 0.41% to $6.79 trillion, the lowest total since October 2024. Spot volumes declined for the fourth consecutive month, falling 10.9% to $1.76 trillion. In contrast, derivatives trading volumes rose 3.78% to $5.14 trillion — the first monthly increase in four months.

Download Report

More Featured Reports

Exchange Review April
CoinDesk Data'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.
  • May 23, 2025
Exchange Benchmark April 2025
CoinDesk's Exchange Benchmark is the industry standard for ranking the risk associated with the digital asset exchange sector. The report is updated twice annually to reflect the fast-changing digital asset landscape and is backed by thousands of hours of research and encompasses more than 100 qualitative and quantitative metrics.
  • May 7, 2025
Stablecoins & CBDCs Report
CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalization, trading volumes, peg deviations, regulatory changes, and more.
  • May 2, 2025
Exchange Review
CoinDesk Data'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.
  • April 9, 2025

Subscribe to Our Newsletter

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