According to data from The Block on September 3rd, cryptocurrency trading platforms saw spot trading volume reach $1.86 trillion in August, up 5% from $1.77 trillion in July, making it the most active month since January.
Binance maintained its largest market share, with its spot trading volume rising from $706.1 billion in July to $737.1 billion, reaching its highest peak since January ($801.1 billion).
In addition, decentralized exchange trading volume climbed to $368.8 billion in August, also a new high since January. Uniswap led the way with $143 billion, followed closely by PancakeSwap with $58.7 billion.