CoinDesk 20: Uniswap (UNI) Value Drops While KuCoin Stays Strong

KuCoin Breaks Records in 2025

KuCoin recorded a total trading volume of 1.25 trillion dollars in 2025, achieving an average monthly trading volume of 114 billion dollars. This marked the strongest year in history.

This performance translated into a consistently high share of total trading volume in the centralized exchange space. KuCoin's activities expanded more rapidly during periods of lower market volatility than the overall volumes of centralized exchanges, which tend to slow down.

The volumes of spot and derivative trades were evenly distributed; each exceeded 500 billion dollars throughout the year. This indicated a broad-based usage signal beyond dependence on a single product category.

Altcoins constituted the majority of trading activity, reinforcing KuCoin's role as a major liquidity source outside of Bitcoin and Ethereum. During this period, larger cryptocurrencies exhibited more moderate movements.

Although total cryptocurrency volumes in the markets softened mid-year, KuCoin continued to maintain a high level of underlying activity. This indicates that user participation remained structurally higher and that the peaks of short-term volumes were surpassed.