CEX spot trading volume fell to $1.13 trillion in December, the lowest level since September 2024.

[December CEX Spot Trading Volume Drops to $1.13 Trillion, Lowest Level Since September 2024] According to Mars Finance, on January 2nd, The Block reported that centralized cryptocurrency exchange (CEX) spot trading volume fell to $1.13 trillion in December, a new low since September 2024. This represents a 32% decrease from November's $1.66 trillion and a 49% decrease from October's $2.23 trillion. Binance accounted for the largest share of cryptocurrency trading volume on CEXs last month, reaching $367.35 billion, followed by ByBit, HTX, Gate, and Coinbase. Analysts attribute this to factors such as seasonal sentiment, reduced volatility, and year-end position adjustments. Furthermore, DEX trading activity also declined last month, with total trading volume falling to $245 billion. This figure represents a 20% decrease from $306 billion in November and a 46% decrease from $451.2 billion in October. Uniswap still maintains its market dominance with a monthly trading volume of $60 billion.