Centralized exchange token valuations drop to $105B from a record $182B as crypto trading volumes decline.
The market capitalization of centralized exchange tokens has fallen to $105B, down 42% from its October 2025 peak of $182B. The decline reflects reduced demand amid a broader crypto market downturn and lower trading activity.
Since the start of 2026, the sector has shed 31% of its value, underperforming other crypto assets. The drop aligns with weaker investor sentiment and regulatory pressures on centralized platforms.
No immediate market reaction data was provided, but the trend signals caution among traders in the exchange token space.