📊 2025 New Token Listings: Daily Spot Volume
Trading activity comes in waves — big spikes around mid & late July and again mid-August, hitting nearly $2B/day.
Binance leads by a wide margin, driving most of the liquidity. MEXC follows strong, while Bybit & Huobi add solid secondary flows.
KuCoin, Gate, Bitget, Kraken see smaller but steady volumes.
Hype is short-lived: listings pump volumes for a few days, then cool until the next batch.
DYOR NFA