May CEX Data Report: Spot Up 22%, Derivatives Up 14%, Website Traffic Up 5%

According to data compiled by the WuBlockchain team:

In May 2025, spot trading volume on major CEXs increased by 22% compared to April. The top three exchanges in terms of growth were BitMart (+128%), Mexc (+83%), and HTX (+56%). The bottom three were Upbit (-8%), Coinbase (-3%), and Gate (+4%).

Derivatives trading volume on major CEXs rose by 14% month-over-month. The top three gainers were Gate (+66%), HTX (+43%), and Kraken (+28%). The bottom three were Mexc (-32%), Crypto.com (+3%), and Kucoin (+15%).

Website traffic for major CEXs increased by 5% in May compared to April. The top three were Kucoin (+60%), Kraken (+16%), and Crypto.com (+12%). The bottom three were HTX (-27%), Deribit (-9%), and Bitget (-1%).

Note: These data may involve significant wash trading or bot activity. Spot and derivatives data are sourced from Coingecko; traffic data is sourced from Similarweb.

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