#BinanceLeadsQ1 In Q1 2025, Binance maintained its position as the leading centralized exchange with a 36.5% market share despite a decline in overall trading volumes.
The total spot trading volume across the top 10 exchanges fell by 13.1%, but Binance's spot market share increased to 45%.
Binance also dominated the derivatives market with a 30.3% share, showcasing its resilience amid a challenging trading environment.
The decline in speculative assets like meme coins contributed to a more balanced trading atmosphere in the crypto market.