{"id":23904,"date":"2025-05-12T17:13:51","date_gmt":"2025-05-12T14:13:51","guid":{"rendered":"https:\/\/forklog.com\/en\/bybit-and-htx-lead-russian-traffic-in-april\/"},"modified":"2025-05-12T17:13:51","modified_gmt":"2025-05-12T14:13:51","slug":"bybit-and-htx-lead-russian-traffic-in-april","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bybit-and-htx-lead-russian-traffic-in-april\/","title":{"rendered":"Bybit and HTX Lead Russian Traffic in April"},"content":{"rendered":"<p>In April, Russian traffic accounted for 26% on the cryptocurrency exchange Bybit, 11% on HTX, and 5% on KuCoin, as <a href=\"https:\/\/wublock.substack.com\/p\/april-cex-data-report-spot-volume\">reported<\/a> by journalist Colin Wu.<\/p>\n<p>Website visits to major trading platforms decreased by 8% compared to March. The largest traffic declines were recorded by HTX (-60%), Bitfinex (-41%), and Gate (-29%). MEXC showed a 14% increase.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXeOqNd1UIDBKRelS6dNTcvOfAIdxRBj7TwBD3rLSgFIM29P2Qo9uDiz5G28apcIafqDUm2haFuwwE4hwFyKg3p7PDvt4nTap-zrBVDAQMZQyV-yahBEEor7z0anN1oBREjABSdY?key=RAe1oyI_bJZe0-nKUniI9g\" alt=\"Bybit and HTX Lead Russian Traffic in April\"\/><figcaption class=\"wp-element-caption\">Data: WuBlockchain.<\/figcaption><\/figure>\n<p>The spot trading volume of major <span data-descr=\"centralized exchanges\" class=\"old_tooltip\">CEX<\/span> fell by 12% over the month. The worst performances were by BitMart (-37%), HTX (-26%), and Crypto.com (-25%).<\/p>\n<p>Derivative turnover in April rose by 7%, with MEXC showing the best growth at +55%.<\/p>\n<p>Back in February, Russian users <a href=\"https:\/\/forklog.com\/en\/news\/russia-emerges-as-leading-traffic-source-for-bybit-in-february\">accounted for 29%<\/a> of Bybit&#8217;s total traffic, despite a <a href=\"https:\/\/forklog.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">major hack<\/a> of the platform at the end of the month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In April, Russian traffic accounted for 26% on the cryptocurrency exchange Bybit, 11% on HTX, and 5% on KuCoin, as reported by journalist Colin Wu. Website visits to major trading platforms decreased by 8% compared to March. The largest traffic declines were recorded by HTX (-60%), Bitfinex (-41%), and Gate (-29%). MEXC showed a 14% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1151,1166,1152,27,436],"class_list":["post-23904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bybit","tag-centralized-exchanges-cex","tag-htx","tag-russia","tag-trading"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23904"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23903"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}