May Crypto Trading Volume Dips Across Multiple Metrics, TradFi Trading Emerges as Sole Bright Spot

According to BlockBeats, in May 2026, the spot trading volume of mainstream CEXs decreased by 3.76% compared to April 2026, while the perpetual contract trading volume decreased by 4.94% compared to April 2026.

Furthermore, possibly driven by Tradfi trading activity, the perpetual contract trading volume of mainstream Perp DEXs in May showed a rare industry growth, increasing by 0.14% compared to April 2026.

For the complete platform rankings and trading data, please refer to the May Exchange Platform Rankings: Multiple indicators decline, only Perp DEX sees an increase in contract trading volume report.