Crypto exchange volume amounted to $1.71 trillion in July, marking the highest volume since February.
The Block’s data dashboard shows that the July exchange volume rose 55% from $1.1 trillion in June, nearing February’s $1.77 trillion.
Specifically, Binance maintained the largest market share in July with $683.41 billion in trading volume, up from $436.24 billion in June and marking its highest level since January’s $801.1 billion.
Bitget followed with $126.05 billion in July, trailed by Bybit at $122.3 billion and Upbit at $110.21 billion.
The surge in July’s exchange trading volume coincided with a broader crypto market rally. Bitcoin posted its highest monthly close in history at $115,644, gaining 7.5% from around $107,000 at the start of the month, according to The Block’s price page. Ether saw an even sharper rise, jumping 49.5% over the same period.
Meanwhile, decentralized exchange volume reached $435.3 billion in July, the highest level since January, according to The Block’s data dashboard. PancakeSwap led the pack with $188.6 billion in volume.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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