#BinanceLeadsQ1
In the first quarter of 2025, Binance reaffirmed its position as the leading centralized crypto exchange, even as global trading activity saw a notable dip. The platform recorded a total trading volume of approximately $8.39 trillion, capturing 36.5% of the market share across centralized exchanges.
Binance led both major segments of trading. In spot markets, it secured a dominant 45% share, while in the derivatives sector, it held 30.3%, outpacing all competitors. This strong showing comes despite an overall 13.1% drop in spot trading volumes compared to the previous quarter.
Institutional interest in Bitcoin continues to grow, with 79 publicly listed companies now collectively holding 688,000 BTC, valued at $57 billion—a 16% increase from Q4 2024. At the same time, the crypto market cap fell 18.6% to $2.8 trillion, though Bitcoin’s dominance rose to 59.1%, its highest since 2021.
Meanwhile, meme coins like $TRUMP struggled, dropping over 70% post-listing. Binance’s native token, BNB, remained stable around $589, reflecting strong investor confidence.
Despite market challenges, Binance's solid Q1 performance reinforces its role as the global leader in centralized crypto trading.