#BinanceLeadsQ1 Binance has dominated the centralized cryptocurrency exchange market in Q1 2025, with key statistics highlighting its strong performance:

- *Total Trading Volume*: Binance recorded approximately $8.39 trillion in trading volume, despite a decline in overall cryptocurrency trading volumes.

- *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 significant lead in derivatives trading.

- *Spot Trading Volume*: Binance's spot trading volume reached $2.2 trillion in Q1 2025, with its market share increasing from 38% to 40.7% by March.

- *User Base*: Binance reached 250 million registered users by the end of 2024, reflecting a 50% increase in the latter half of the year. Institutional participation also rose, with nearly a 100% increase in active institutional users.

Binance's strong Q1 performance demonstrates its resilience amid industry challenges, with strategic leadership and commitment to innovation solidifying its position as a global crypto leader.¹ ²