Binance has demonstrated strong performance and maintained its leading position in the cryptocurrency exchange market during the first quarter of 2025. Here's a summary of Binance's Q1 2025 performance
Market Leadership: Binance continued to be the top centralized exchange (CEX) globally in Q1 2025.
Trading Volume:
Total trading volume on Binance was approximately $8.39 trillion, representing 36.5% of the global CEX market share. While this is a decrease from the $9.95 trillion in Q4 2024, it aligns with the overall market trend of a 12.5% decline across all platforms.
Binance's spot trading volume reached $2.2 trillion in Q1 2025.
Spot Market Share: Despite a decrease in overall spot trading volume across the top 10 exchanges (down 13.1%), Binance's spot market share increased to 45%, up from 38% in January and solidifying its leading position
