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CoinDesk 20 Performance Update: Polygon (POL) Drops 4%, Leading Index Lower

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CoinDesk 20 Performance Update: Polygon (POL) Drops 4%, Leading Index Lower

Internet Computer (ICP) was also among the underperformers, falling 3.9% over the weekend.

By CoinDesk Indices
Jan 26, 2026, 2:28 p.m.
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BTCBTC$87,948.56◢0.35%

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2688.53, down 1.8% (-47.97) since 4 p.m. ET on Friday.

STORY CONTINUES BELOW
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Two of 20 assets are trading higher.

Leaders: LTC (+1.3%) and APT (+0.3%).

Laggards: POL (-4.0%) and ICP (-3.9%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

CoinDesk IndicesCoinDesk 20chartsPrices

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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CoinDesk 20 Performance Update: Polygon (POL) Drops 2.2%, Leading Index Lower

Internet Computer (ICP) joined Polygon (POL) as an underperformer, declining 1.7% from Thursday.

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