KuCoin’s record $1.25 trillion annual volume boosts its share of centralized exchange activity, driven by balanced spot and derivatives trading and strong altcoin liquidity.
The CoinDesk 20 Index fell 1.8% to 2688.53, with gains limited to LTC (+1.3%) and APT (+0.3%), while POL (-4.0%) and ICP (-3.9%) led losses. KuCoin achieved a record $1.25 trillion in 2025 trading volume, averaging $114 billion monthly and evenly split between spot and derivatives. Altcoins dominated activity, expanding KuCoin’s market share faster than overall centralized exchange growth. Despite softer mid-year volumes, user engagement remained structurally elevated. Broader market sentiment is cautious, with Bitcoin near yearly lows at $87,700, analysts noting macro uncertainty from a looming government shutdown and delays to the Clarity Act.