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#exchanges #CEX #Volume

Data on spot trading volumes on exchanges

The spot trading volume of crypto exchanges in 2022 dropped sharply compared with 2021, with an average of - 50%.

#Binance, #OKX, #Upbit #Coinbase spot trading volume ranks top4;

#Huobi - 83%, Upbit - 73%, OKX - 65%, #Bitfinex - 62%.

Only #Bybit, #MEXC and #LBank increased volume.

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Before:

According to CryptoQuant, Binance's revenue for 2022 was about $12 billion. [vs. $20 billion in 2021].

Wu Blockchain | Revenue

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#KILN #staking #vc

Institutional crypto staking platform Kiln has raised $17 million in a funding round led by #1kx.

Kiln plans to use the capital to fund its global expansion plans, including opening its APAC Singapore headquarters in Q1.

With participation from Crypto.com, #IOSG, #Wintermute Ventures, KXVC and #LBank.

TB

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