Binance Wallet Dominates DEX Market with 95% Share
Binance Wallet has made a jaw-dropping leap in the decentralised exchange (DEX) space, capturing a staggering 95% of market share in May 2025. With a 25x increase in trading volume over just three weeks, the wallet recorded an all-time high of $5.1 billion in 24-hour trading activity—an unprecedented milestone that has left its closest competitors trailing far behind.
$5.1 Billion in 24 Hours: A Record-Breaking Performance
According to data shared by on-chain analyst @LZ_web3 on Dune Analytics, Binance Wallet’s trading activity dwarfed that of its nearest competitor, OKX, which barely surpassed $120 million in total wallet and API-based DEX volume. MetaMask, once considered the go-to self-custodial wallet for Web3 users, managed only $9 million in swaps—making Binance Wallet’s daily volume approximately 555 times greater.
Rapid Rise to Market Leadership
Binance Wallet’s rapid rise has been nothing short of explosive. What began as a moderately used crypto wallet with modest volume has now turned into the dominant force in decentralized trading. In just three weeks, the platform’s share of DEX market activity surged from below 10% to an overwhelming 95%.
Part of Binance Wallet’s success lies in its seamless integration with decentralized exchanges and the broader Binance ecosystem. It has also emerged as one of the most actively used noncustodial wallets in crypto, with recent data showing that one out of every three active wallets in the DEX segment belongs to Binance Wallet.
#BitcoinDunyamiz #BinanceSquareTalks #BinanceSquareFamily #bitcoin #BinanceMegadrop
