According to a new report by TokenInsight, volumes in cryptocurrency spot trading continue to decline, falling by 22% in Q2 2025, despite positive market trends.
Decline in Spot Trading Volumes
The reports indicated that spot trading fell from $5.3 trillion in Q4 2024 to $4.6 trillion in Q1 2025, and then dropped further to $3.6 trillion in Q2 2025.
Trends Across Different Exchanges
Despite overall declining trends, exchanges like MEXC and Bitget showed an increase in spot trading volumes. MEXC grew its trading volume by 2.7%, while Bitget recorded a 0.7% increase.
Comparison with Derivatives Market
The cryptocurrency derivatives market proved to be more resilient. Trading volumes amounted to $20.2 trillion, a 3.6% decline from the previous quarter. However, activity in the derivatives market helped investors hedge risks amid uncertainty.
The ongoing decline in spot trading volumes continues amid economic uncertainty. It is expected that spot trading volumes will remain low in Q3 2025.
