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.

  • January 15, 2025
Report cover

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.

  • January 15, 2025

Report Summary

CoinDesk Data's monthly Exchange Review highlights the key developments in the cryptocurrency exchange market. Our analysis covers exchange volumes, derivatives trading, institutional CME activity, open interest, and more.

In December, the combined spot and derivatives trading volume on centralised exchanges rose by 7.58% to $11.3tn, recording a new all-time high for digital asset trading activity on centralised exchanges. The increase in trading activity coincides with the surge in volatility among digital assets.

‍

Download Report

More Featured Reports

Exchange Review January 2026
Trading activity on centralized exchanges rebounded in January as total combined spot and derivatives trading volumes climbed 2.43% to $5.95 trillion.
  • February 16, 2026
Read more
Stablecoins & Tokenized Assets Report January 2026
CoinDesk Data’s Stablecoins & Tokenized Assets Report captures the key developments across the stablecoins and tokenization landscape. Our review focuses on market capitalization and trading volume trends for stablecoins, segmented by collateral type and pegged asset, alongside coverage of tokenized real-world assets; including commodities, equities, and treasuries.
  • February 10, 2026
Read more
Stablecoins & CBDCs Report - December 2025
The total stablecoin market resumed its upward trajectory after declining for the first time in 26 months in November, rising 1.25% to $310B. 
  • January 16, 2026
Read more
Exchange Review November 2025
CoinDesk Data’s Exchange Review offers a comprehensive monthly deep dive into the global cryptocurrency exchange market. Designed for investors, analysts, regulators, and enthusiasts alike, this report delivers critical insights into market movements—from spot and derivatives trading volumes to fee model segmentation and fiat-vs-crypto dynamics.
  • December 16, 2025
Read more

Subscribe to Our Newsletter

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