According to The Block's data dashboard, in September, the trading volume of encrypted trading platforms showed the first significant increase since May this year, and the trading volume rose to 733 billion US dollars, a month-on-month increase of 16%. According to The Block’s Legitimate Volume Index, trading volumes were $629 billion in June, $633 billion in July and $630 billion in August. Additionally, stablecoin trading volumes fell for the fifth month in a row in September, totaling $210.6 billion, down 3% month-on-month, with FTX recording the largest September volume of 24.6% among cryptocurrency exchanges that support stablecoins. Next is Coinbase with 22.7%, followed by Upbit with 13%.