October CEX Spot Market Trading Volume Surges by Nearly 60% MoM in the Blockchain Industry

Data from The Block indicates that the total trading volume in centralized exchange (CEX) spot markets in October reached $497.98 billion, which is nearly a 60% increase from the trading volume in September, which was $311.93 billion.

Furthermore, in October, Binance's market share in the CEX spot market was 40.47%, while in September, it was 41.7%.