#BinanceLeadsQ1

Binance has dominated the centralized exchange (CEX) market in Q1 2025, with a trading volume of $8.4 trillion. Here's a breakdown of its performance¹ ²:

- *Market Share*: Binance holds 36.5% of the CEX market share, despite a 1.38% decline from the previous quarter.

- *Trading Volume*: The exchange processed $8.39 trillion in trading volume in Q1 2025, down from $9.95 trillion in Q4 2024.

- *Spot and Derivatives Trading*: Binance leads in both spot and derivatives trading volumes, controlling 45% of the former and maintaining a 17% lead in the latter.

- *Platform Stability*: TokenInsight notes that Binance has a stable platform structure, keeping its ratio of spot to derivatives trading consistent.

Despite facing regulatory scrutiny and challenges, Binance remains the top player in the CEX market. Its strong brand recognition, including being listed as one of the world's most trusted crypto exchanges by Forbes, contributes to its dominance. Binance's resilience and adaptability will be crucial in maintaining its market share amidst growing competition from others like MEXC and Bitget. By ( SIK DURRANI)