Wu Blockchain team's data statistics show: 
In April 2025, the spot trading volume of major exchanges decreased by 12% compared to March. The top three change rates are Gate +14%, Bitget +2%, and Bybit +1%. The bottom three are BitMart -37%, HTX -26%, and Crypto.com -25%.
In April, the derivatives trading volume of major exchanges increased by 7% compared to March. The top three change rates are MEXC +55%, HTX +13%, and Kucoin +4%. The bottom three are Deribit -20%, Crypto.com -19%, and Kraken -13%.
In April, the website traffic of major exchanges decreased by 8% compared to March. The top three change rates are MEXC +14%, BitMart +0%, and Kraken -4%. The bottom three are HTX -60%, Bitfinex -41%, and Gate -29%.
Note: The following data may have serious suspicions of volume inflation/bot activity. Spot and derivatives data are from Coingecko; traffic data is from Similarweb.
