CryptoQuant.com|1月 12, 2026 16:43
2025 crypto exchange activity in review.
Spot volume reached $18.6T (+9% YoY) while perpetuals surged to $61.7T (+29%), with Binance dominating spot, BTC perps, liquidity, and reserves.
Growth is derivative-led, and market power continues to concentrate at the top. (CryptoQuant.com)
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