Bullish Released September Trading Performance Metrics
Digital asset exchanges and liquidity providers can monitor these platform-level trading figures to track shifting crypto market volume.
Updated on Oct. 6, 2026 in Economic Indicators
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Bullish has released unaudited performance metrics for September 2026, encompassing trading volume, average trading spreads, and volatility for Bitcoin and Ethereum assets. The report marks the start of a recurring release cycle for the exchange's monthly operational data.
Why it matters
Regular disclosure of trading volume and volatility metrics provides operators with a more granular look at platform activity within the digital asset sector. As the parent company of CoinDesk, Bullish offers these insights as part of a broader push for increased transparency in asset liquidity.
The company recorded $34.6 billion in Bitcoin spot trading volume during September 2026. These figures are currently unaudited and await final quarterly financial closing procedures.
The players
Bullish
A George Town-based digital asset exchange that functions as the parent company of CoinDesk.
CoinDesk
A prominent digital asset media and data firm owned by Bullish.
The details
Bullish calculates volatility metrics by utilizing 1-minute price intervals from the Adaptive Diversified Liquidity Index provided by CoinDesk Data. To derive the annualized volatility figures, the company converts daily volatility by multiplying it by the square root of 365. This standardizes the data across different assets for comparative analysis.
Timeline
September 2026 served as the reporting period for the metrics.
The performance metrics were released on October 6, 2026.
Market Landscape
This release aligns with the broader industry trend toward increased transparency in crypto exchange reporting. The shift reflects a growing institutional demand for verifiable trading data relative to established financial market standards.
Operators in the digital asset space should track these monthly releases to gauge broader shifts in spot market liquidity and volatility. Factor these unaudited figures as baseline reference points when evaluating your own counterparty and liquidity risk profiles.
The takeaway
Bullish has signaled a transition toward predictable, monthly disclosure of its internal trading metrics. Operators should bookmark the investor relations page to monitor how these volume and volatility figures trend against the broader digital asset market in coming months.
Further reading
For broader trends impacting global exchange data, see the Economic Indicators section.
More information
Review the full dataset at the Bullish investor relations portal.
Live Poll
Do you believe digital asset exchanges should publicly report their monthly performance metrics?
