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July 2026 Exchange Spot Volume Report: total $429.0 billion, MoM decreased 21.7% Spot trading volume across 14 major exchanges totaled $429.0 billion in July 2026, down 21.7% from $547.9 billion in June, with all 14 exchanges recording month-over-month declines. Binance ranked first with $196.5 billion in volume, accounting for 45.8% of the total, followed by OKX with $41.6 billion and Bybit with $36.3 billion. The top three exchanges together accounted for 64.0% of total spot volume. Among the 14 exchanges, Uniswap recorded the smallest month-over-month decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Bitfinex posted the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.

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lvnbbs_bnb 🐬TermMax @lvn_crypto · 20K

@WuBlockchain Uniswap holding up is wild

Khang Nguyen @KhangNguyepki7 ·

A 21.7% monthly drop in spot volume across all 14 major exchanges is worth watching. 👀 The interesting part is that this isn't isolated to one exchange — every major venue saw volume decline. Lower volume can mean less market participation, but it can also set the stage for a bigger move once liquidity returns. The question is whether August brings the volume back.

AMk.Crypto 🧢 @leeky_k_crypt ·

@WuBlockchain Spot volume down across the board Binance still holds 46% share.

Nick @nikxbt ·

@WuBlockchain binance still dominating at 45.8% is wild. bitfinex dropping 59.7% though, that hurts

Yujin Gray @YujinGray ·

@WuBlockchain Thanks for the very detailed statistics

icefrog.◎ @icefrog_sol ·

@WuBlockchain bitfinex number looks like a liquidation event

Orbyx @orbyx_app ·

@WuBlockchain Summer lull, or just alt fatigue again?

~Rex @Rex_Ogjy ·

@WuBlockchain Solana dex aren't even on this list, Jupiter and radium alone where running $425 per month in h1 2026, 54% of global dex share, curious how July compares to binance's -22% drop here.

Macro Bombastic @MacroBombastic · 10K

@WuBlockchain summer lull hits everyone, binance still flexing 46% share

Wu Blockchain @WuBlockchain · 557K

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Daniel Totten @TheElite2045 ·
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Paradigma✳️ @stas_paradigma ·

@WuBlockchain 21.7% drop across all 14 exchanges isn't noise, that's correlation. usually you see winners and losers. when *everyone* deleverages at once the liquidation cascade feedback loop gets ugly fast. what spooked them in late june

DxM @diopter_ring ·

@WuBlockchain Bitfinex down 59.7% is brutal rest of the market dipped but thats a straight cliff

Noah @0xbullnoah ·

@WuBlockchain 21 percent less spot volume in a month across major exchanges is a pretty big drop the market needs fresh spot demand because leverage alone can't sustain a rally