According to ChainCatcher news and CryptoQuant data, in 2025, Huobi’s new coin Spot trading volume ranks first in 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 volume of $133 billion, accounting for a market share of 34%; Huobi HTX, Bybit, and MEXC follow closely behind with volumes of $38 billion, $35 billion, and $34 billion 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.
This statistic covers major exchanges that have launched between 19 to 31 new tokens this year, including projects such as BIO, AIXBT, CGPT, which have high market popularity.
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