The 14-exchange spot trading tally reached $623.6 billion in October 2026, a 9.3% decline from the $687.7 billion recorded in September. Five exchanges posted higher monthly volume, while nine recorded declines.

Binance ranked first with $279.2 billion, equal to 44.8% of the total. OKX followed at $61.9 billion, or 9.9%, and Bybit placed third with $50.9 billion, or 8.2%. Combined, the three highest-volume venues made up 62.9% of October’s tally.

The figures underwent preprocessing that included outlier removal, measurement-method adjustments and standardization. The data may include serious suspected wash trading or bot activity.