Global cryptocurrency trading activity recovered in August 2026, with spot volume on major centralized exchanges rising 18.64% from July and perpetual futures volume increasing 10.89%, according to data analyzed by BlockBeats. A separate WuBlockchain survey put derivatives volume across 12 exchanges at $3.51 trillion, up 15.9% from July's $3.03 trillion, after July marked a 32-month low. Binance led both datasets, while OKX and Bybit ranked behind it in derivatives trading. Bitcoin climbed roughly 24% to 25% during August, approaching $78,500, alongside the derivatives rebound. The contracts-to-spot volume ratio fell to 6.87 from 7.06 in July, indicating that spot activity increased faster relative to derivatives. The reported volumes may include wash trading and bot activity, as flagged in the WuBlockchain report.