Exchanges· ★★★· bearish·

Centralized exchange futures volume falls to $13T in Q3

  • —CEX futures volume in Q3 totaled $13 trillion
  • —Down 10% from $14.4 trillion in Q2
  • —Prior two quarters saw declines of 31% and 11%
  • —Volume alone does not reflect trader counts or open interest
Why it matters: A third straight quarterly decline in volumes points to weakening trading activity on exchanges, pressuring their revenue.
Source: TokenPost