Centralized exchanges trading breakdown

Sarah Wiesner
Efficient Frontier
Published in
Aug 18, 2023

What are people trading across the crypto assets? The answer is a bit surprising. Here is the breakdown:

Coinbase: 529 pairs, 6.5% of total market volume

Coinbase breakdown

BTC+ETH : 58.5%

Stable vs Stable: 14.4%

Top 50 (excluding the above): 23.6%

The rest: 3.5%

Binance: 1377 pairs, 51.7% of total market volume

Binance breakdown

BTC+ETH : 38%

Stable vs Stable: 7.3%

Top 50: 34.9%

The rest: 19.8%

Huobi: 701 pairs, 5% of total market volume

Huobi breakdown

BTC+ETH: 12.9%

Stable Vs Stable: 0.4%

Top 50: 59.5% The rest: 27.1%

OKX: 573 pairs, 7% of total market volume

OKX breakdown

BTC+ETH: 49.6%

Stable Vs Stable: 1.3%

Top 50: 39.0%

The rest: 10.1%

Gate.io: 2615 pairs , 3.9% of total market volume

Gateio breakdown

BTC+ETH: 48.4%

Stable Vs Stable: 0.4%

Top 50: 34.0%

The rest: 17.2%

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