KuCoin Hits $1.25 Trillion Trading Volume, Captures Record CEX Market Share in 2025

KuCoin’s record $1.25 trillion trading volume in 2025 highlights its growing dominance in the centralised exchange market, driven by strong altcoin activity and sustained engagement across both spot and derivatives markets.

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Summary

KuCoin reported a record $1.25 trillion in total trading volume for 2025, averaging $114 billion per month. The exchange achieved its highest-ever share of centralised exchange (CEX) trading activity, outpacing market growth despite low volatility periods. Spot and derivatives volumes were evenly split, each exceeding $500 billion, and altcoins drove the majority of activity, reinforcing KuCoin’s position as a leading liquidity provider outside Bitcoin and Ethereum. Even during mid-year slowdowns, KuCoin maintained elevated baseline activity, reflecting higher sustained user engagement.

Terms & Concepts
  • Centralised Exchange (CEX): A cryptocurrency trading platform operated by a centralized entity, controlling user accounts and order books.
  • Derivatives Trading: The buying and selling of financial contracts like futures or options whose value is linked to an underlying asset, such as cryptocurrencies.
  • Altcoins: Cryptocurrencies other than Bitcoin, often used to diversify trading portfolios and access specific blockchain features.