According to CoinMeta, based on cryptorank data, the futures trading volume of centralized exchanges ( CEX ) in July 2026 dropped to approximately $4 trillion, reaching the lowest level since December 2023 and a new 31-month low. cryptorank indicates that the rebound in trading volume that lasted from April to June has come to an end. In July, the futures trading volumes of major centralized exchanges generally declined. Among them, Binance still ranked first with about $1.4 trillion, while OKX and Bybit were approximately $807 billion and $600 billion respectively.