Binance Dominates Q1 2025 Despite Market Decline
In Q1 2025, Binance reaffirmed its dominance among centralized exchanges, securing a 43.9% average market share. Despite a 12.5% drop in overall crypto trading volumes, Binance recorded $2.2 trillion in spot trades and $8.41 trillion in total volume, including derivatives. The exchange held a 30.3% share of the derivatives market, underscoring its strong influence. Its consistent growth is credited to a wide range of offerings, robust infrastructure, and global user base. As market conditions fluctuated, Binance's performance showcased its resilience and leadership in the evolving cryptocurrency landscape, maintaining its top-tier status into the new quarter.