ChainCatcher news, according to CryptoQuant data, in 2025, Huobi's new cryptocurrency spot trading volume ranks first among the second tier of the industry with a cumulative trading volume of 38 billion USD, accounting for 22% of daily trading volume, significantly increasing its market share.
Overall, Binance still leads with a cumulative trading volume of 133 billion USD, occupying a market share of 34%; Huobi HTX, Bybit, and MEXC follow closely with trading volumes of 38 billion, 35 billion, and 34 billion USD respectively, occupying the second tier. In the past month, the daily trading volume of the new token market reached a peak of 1.6 billion USD.
This statistics cover major exchanges that have launched between 19 to 31 new tokens this year, including projects with high market popularity such as BIO, AIXBT, CGPT, etc.