2025-12-12 12:23:25

The overall market sentiment for CEX in November was noticeably cold. Spot trading volume is shrinking, futures are weakening, and the market is very dull, which users can directly feel.

However, when reviewing the data rankings of various exchanges, there was a surprising discovery—Gate managed to maintain a spot trading volume of 98 billion in such a market, with futures trading reaching 612 billion, ranking fourth globally.

These are not just hollow numbers to make up the figures. Looking at trading depth and account activity, there are still people trading, and the market isn’t that dead. The market is indeed cold, but the foundation is still there.

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AirDropMissed

· 4h ago

Is this data from gate real? Why do I feel like all exchanges are hyping it up? With the market so cold, who still has the mood to trade? I really don't understand. Wait, contracts worth 612 billion? Can that even hold up? Why am I losing so quickly? The foundation is still there... Alright, I choose to believe it, after all, I have no other options. Spot trading with 98 billion, so many people are playing, why do I always get cut?

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fork_in_the_road

· 4h ago

Gate's data indeed holds up, but you still need to verify the actual trading depth yourself. The market is cold, but in terms of active accounts, it's not as dead as you might think. Spot trading shrinking while contracts weaken, but people are still doing it—that's the key. 612 billion in trading volume sounds impressive, but liquidity is the real king. The market is cold, but the foundation isn't rotten—there's some potential. I didn't expect Gate to be able to withstand this wave of market conditions; let's see how they managed it. Everyone says the market is dead, but the data still speaks—who do you believe?

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