The highest growth was seen on exchanges like KuCoin (171%), Cryptо.сom (79%), and MEXC (44%), indicating a significant increase in trading activity on these platforms. Upbit and HTX were at the bottom of the ranking with more modest results — 17% and 4%, respectively, which may suggest a less notable rise in interest for these exchanges in August.
Gate.io stood out as the only exchange to report negative trading volume dynamics, with a 44% decline. This may indicate liquidity issues or a user outflow from the platform, as competitors demonstrated growth.
The overall increase in spot trading volumes on centralized exchanges could signal a renewed interest from investors in cryptocurrencies following a quieter summer period. This may also be tied to increased market volatility and anticipation of upcoming events in the crypto industry.
