In August, spot trading volume on centralized exchanges increased 15% month-over-month to $811 billion, signaling a market recovery. Coinbase and KuCoin led the gains, though institutional capital is diversifying away from CEXs, posing challenges.
Crypto Briefing cited data showing that spot trading volume on centralized exchanges (CEXs) climbed 15% month over month in August to hit $811 billion. That points to a market bounce. Coinbase and KuCoin posted the biggest jumps in trading volume. But even with that rebound, institutional funds are still pulling away from CEXs, and the problems haven’t gone away.
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