CEX's spot trading volume and user activity rankings in November are both at the lower end among mainstream CEXs, with an estimated valuation of $10.3 billion for its U.S. listing.

On December 12, according to BlockBeats citing CoinGecko data, the spot trading volume of CEX in November was 64 billion USD, only higher than CEX among mainstream CEXs. Compared to other major CEXs, its trading volume is nearly one-tenth of CEX, approximately 66% of CEX. Additionally, according to Dot Dot Data and Similarweb, the CEX app downloads in November were 226,000 times, with web traffic reaching 8.21 million visits, ranking at the bottom among mainstream CEXs. It is worth noting that due to the impact of the crypto winter, Korean users’ enthusiasm for crypto speculation has waned, which is a major reason for CEX’s poor November data. However, for CEX planning to go public in the US, its investment value can still be seen from the above data comparison. BlockBeats published a yesterday article titled “Exclusive | In-depth Analysis of CEX Going Public in the US: Korea’s Largest Crypto Exchange is More Profitable than CEX, but Its Valuation is Only 1/7,” which pointed out that CEX’s parent company Dunamu will proceed with an IPO in the US stock market, with a current valuation of 10.3 billion USD.