Centralized exchange spot trading volume fell to $1.02 trillion in October.

In October, spot trading volume on centralized exchanges fell 9.7% month-over-month to $1.02 trillion, 60.6% lower than the same period last year. Derivatives trading volume fell 1.7% month-over-month to $3.87 trillion, but its share of total trading volume on centralized exchanges rose from 77.6% in September to 79.1%. Decentralized exchanges saw spot trading volume decline by 20.7% to $213 billion, while futures trading volume increased by 5.26% to $659 billion. RWA perpetual contract trading volume rose by 24.1% to $611 billion, with Binance accounting for 73.1% of that. After Coinbase moved its international perpetual contract business to Deribit, Deribit's trading volume increased by 490% to $195 billion. (Source: CoinDesk Research)