CoinDesk Research

📊 Digital Assets Quarterly Review | Q2 2026 ETF flows were the defining story of Q2. 🟡 April: +$2.02B 🟡 May: -$2.41B 🟡 June: -$4.29B (record month) 🟡 Q2 net: -$4.67B — largest since launch Profit-taking and rotation, not a structural exit. Full report 👇

Full report from @CoinDesk Research, supported by @Gate👇

June's Exchange Review is out, supported by @Gate. Combined CEX trading volumes rose 13.0% to $4.99T in June; the first monthly increase in five months. Spot climbed 15.3% to $1.11T (highest since March) even as Bitcoin fell 20.5% to $58.8k 🧵👇

Full report from @CoinDesk Research, supported by @Gate: coindesk.com/research/cex-v…

4/ RWA perps moved against the trend, rising 10.4% to a record high of $211B. DEX futures also bucked the broader decline, rising 7.64% to $596B; the first increase in seven months. Full exchange rankings and breakdowns in the May 2026 Exchange Review.

1/May's Exchange Review, supported by @Gate, tracks a fourth consecutive monthly decline in crypto exchange activity. Combined spot and derivatives fell 3.45% to $4.41T; the lowest level since September 2024. Spot volumes hit $963B; the weakest monthly total since October 2023.🧵

Breaking down our new research report on @GoplusSecurity in :60 seconds. Dive into more about GoPlus at coindesk.com/research

Crypto trading hit new highs in October 📈 🟡 $10.3T total CEX volume (+25.9%) 🟡 BTC options on CME ↑113% 🟡 $20B liquidated in one day 🟡 Gate spot volume ATH: $163B Download full report supported by @Gate 👇

📅 Month to date basket returns 👇 🤖AI -2.57% 🟨CD20 4.24% 🔗DeFi 4.11% 💱Exchange Token 5.32% 🌐Infrastructure 2.86% 🧱Layer 1 2.89% 🧱Layer 2 6.01% 😂Meme 3.09% 🎮Metaverse/Gaming 5.85% 🌎RWA 7.76% 🌱Staking 7.84%

Gate is flexing this September! Not only have we surpassed 40M users and launched new Web3 products like @GateLayer, @GatePerpDEX, @Gate_Fun and more, we also keep breaking records: 🔹 #1 in global spot market growth 🔹 #2 in derivatives market growth 🔹 $117B in spot trading volume, new yearly high 🔹 Spot market share hits a record 5.47% Read the latest @CoinDesk report: data.coindesk.com/reports/exchan…

Trading declined 17.5% to $8.12T in September - the first drop in three months to continue a pattern that has persisted the last four Septembers. 🔸Spot volumes: -9.43% to $2.14T 🔸Derivatives: -20.1% to $5.98T 🔸Open interest: New ATH of $230B Full report, supported by @Gate👇

🔍 Explore more market trends and data in our full Stablecoins Report 👇

In September, the stablecoin market continued expanding. #Tether ($USDT) grew 2.46% — marking its 25th consecutive month of growth — though its market share declined to 58.8%🧵👇