The June Centralized Exchange (CEX) Data Report reveals significant volatility in the market, with some platforms showing impressive growth while others face sharp declines.
Positive Changes in the CEX Market
Leading the list of positive changes is Mexc with a 26% increase, followed by Gate with a 4% drop, and HTX which managed to limit its losses to 9%. These platforms likely benefited from strong user engagement, promotional campaigns, and new token listings.
Challenges for Major Players
Despite some exchanges showing strength, others have encountered significant challenges. The bottom performers were Crypto.com (-26%), Binance (-20%), and OKX (-20%). This highlights the difficulties even major players face in an unpredictable market. Notably, HTX appears in both lists, indicating strong variability across different metrics.
Consistent Declines in Other Rankings
In another set of rankings based on different change metrics, the top three were HTX (-15%), Kraken (-16%), and Binance (-22%). Meanwhile, Mexc, KuCoin, and Upbit ranked lowest with losses of 44%, 42%, and 39%, respectively, indicating notable instability for these platforms in June.
These fluctuations remind us that the CEX landscape is constantly evolving, with user trust, liquidity, and innovation playing key roles in monthly performance.
