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Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025

Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025

05.08.2025

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Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025. Main collage of news.

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Olena Kocherhina

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According to the CoinGecko report, trading volume on the top ten centralized crypto exchanges in Q1 2025 decreased by $1.1 trillion.

Trading volumes on Binance fell below $500 billion for the first time since October 2024, but the service retained its leadership.

Gate.io took second place among CEX, surpassing Crypto.com.

In Q1 2025, trading volumes of the top-10 centralized cryptocurrency exchanges (CEX) fell by 16.3%, or $1.1 trillion, to a total of $5.4 trillion. This is stated in the CoinGecko report.#Square #

Top-10 centralized crypto exchanges and their growth in Q1 2025. Source: CoinGecko.

Top-10 centralized crypto exchanges and their growth in Q1 2025.

The exchange that suffered the most was Upbit, which lost 34%, reducing its figure from $561.9 billion to $371.0 billion.

At the same time, the crypto platform Binance remained the largest service for spot trading in April 2025, with a market share of 38%. However, its trading volume decreased by 18%

#Trade_Men_Teo