BlockBeats news, on August 15, according to a report from Coingecko, in July, under the backdrop of Bitcoin reaching an all-time high, Binance's spot trading volume increased by 61.4% month-on-month, reaching $698.3 billion, far exceeding MEXC (market share 8.6%, $150.4 billion) and Gate (7.8%, $137.2 billion), holding nearly 40% market share in the global spot trading total.
Similarly, in July, Binance's trading volume exceeded the total of many of the world's top ten exchanges. This advantage is not limited to a single month - in the second quarter of 2025, Binance accounted for 38.0% of the total trading volume among the top ten CEXs, with a trading volume of $1.47 trillion (total trading volume of $3.8 trillion).