#BinanceLeadsQ1 Binance dominated the centralized exchange (CEX) market in Q1 2025, with key highlights including¹ ²:

- $8.4 Trillion Trading Volume: Binance's impressive trading volume accounted for approximately 36.5% of the CEX market share.

- *Market Share Growth*: Although Binance's market share slightly decreased by 1.38%, it still leads the market, with a stable spot-to-derivatives ratio and a significant lead in spot trading (45%).

- *Leadership in Spot and Derivatives Trading*: Binance dominates both spot and derivatives trading volumes, showcasing its strong position in the market.

- *Public Notoriety*: Binance's recognition by Forbes as one of the world's most trusted crypto exchanges contributes to its market dominance, attracting new users.

Some concerns affecting Binance's performance include:

- *Token Listings*: Binance's token listings haven't performed as well as they used to, sparking community backlash.

- *Regulatory Hurdles*: Ongoing regulatory scrutiny in several regions poses challenges for the exchange.

- *Potential Ties with the Trump Family*: Binance's potential ties with the Trump family have raised concerns among users and investors.