#BinanceLeadsQ1 Key Highlights from Q1 2025:

- **Total Trading Volume**: Binance recorded approximately $8.4 trillion in total trading volume for Q1 2025. This represents a decrease from $9.95 trillion in Q4 2024, attributed to market volatility. citeturn0search2

- **Market Share**: The exchange held a 36.5% share of the CEX market, leading both spot and derivatives trading volumes. Specifically, Binance commanded 45% of spot trading and maintained a 17% lead in derivatives trading. citeturn0search2

- **User Engagement**: In Q1 2024, Binance's mobile application was downloaded over 6.3 million times, surpassing its closest