NIGHT Trading Volume Surges to $9.2B in 24 Hours; Bybit Dominates Market Share

On Dec. 22, NIGHT’s global trading volume exceeded $9.2 billion, with Bybit handling over three-quarters and surpassing Binance in spot trading activity.

Summary

On December 22, NIGHT’s 24-hour global trading volume reached more than $9.2 billion, according to industry data. Bybit processed $7.1 billion, representing approximately 77% of total transactions, and its total spot volume surpassed $8.9 billion, overtaking Binance to lead industry market share. This marks a significant jump from previous levels, further strengthening Bybit’s dominance in NIGHT trading.

Terms & Concepts
  • Centralized exchange (CEX): A crypto trading platform run by a company that holds user assets and matches orders.
  • Spot trading: The purchase or sale of financial instruments for immediate delivery, typically in the current market.