CryptoQuant: Crypto perpetual contract daily trading volume hits $336 billion, a new high since March

Odaily reports that according to a CryptoQuant report, on August 21, as prices rebounded, daily crypto spot trading volume reached approximately $75 billion, the highest since February; Binance, Coinbase, and Gate recorded $19.4 billion, $8 billion, and $5.1 billion respectively.

Daily perpetual contract trading volume reached approximately $336 billion, with Binance, OKX, and MEXC recording $124 billion, $46 billion, and $30 billion respectively. The report states that this increase in trading volume was primarily driven by buying; previously, trading volume growth this year was accompanied by selling, while Bitcoin rose 24% during the same period.