As of May 2025, Binance's monthly spot trading volumes have experienced fluctuations, reflecting broader trends in the cryptocurrency market. Here's a summary of the recent data:
📉 April 2025: Decline in Trading Volume
Spot Trading Volume: In April 2025, Binance's spot trading volume decreased by 18% compared to March, falling from $588.7 billion to $482.6 billion. This marked the first time since October 2024 that the monthly volume dipped below $500 billion .
Market Share: Despite the decline, Binance maintained a dominant position with a 38% market share in the centralized exchange (CEX) market .
📈 May 2025: Partial Recovery
Spot Trading Volume: In May 2025, Binance's spot trading volume increased to $545 billion, representing a 12.9% rise from April's figures.
Market Share: However, Binance's market share slightly decreased to 34.6%, indicating increased competition among exchanges .
These figures illustrate Binance's continued leadership in the cryptocurrency exchange market, even amid fluctuations in trading volumes. The partial recovery in May suggests a resilient market presence, although the slight dip in market share points to growing competition.