Despite a 16.3% decline in overall CEX spot trading volumes, Binance surged ahead with $2.2 trillion in Q1 spot trading, increasing its market share from 38% to 40.7% .
š Key Highlights:
$2.2T in spot trading volume
40.7% market share by March 2025
BTC spot dominance rose from 33% to 49% within the quarter
In a quarter where many exchanges saw declining volumes, Binance's growth underscores its robust position in the market.
š¬ What factors do you think contributed to Binance's continued dominance?
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