Crypto Spot Trading Volume Drops 27.9% in Q2 as May Hits Lowest Monthly Level
- Top centralized exchanges processed $1.95 trillion in Q2 spot volume, down 27.9% from $2.70 trillion.
- May recorded the year’s lowest monthly spot volume at $619 billion before June recovered to $695 billion.
- Binance led Q2 with a 38.7% market share, while Bybit held the only other double-digit share.
Centralized crypto exchanges recorded a sharp slowdown in spot activity during the second quarter. Trading volume across the ten largest platforms fell 27.9% from $2.70 trillion to $1.95 trillion.
May marked the weakest month of 2026, with spot turnover falling to $619 billion. Activity recovered to $695 billion in June, but the increase did not reverse the quarter’s broader contraction.
May Marks the Lowest Spot Trading Month
April began the quarter with stronger activity before volumes weakened during May. CoinGecko’s chart shows monthly turnover stayi…
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