{"id":26120,"date":"2025-08-15T16:18:10","date_gmt":"2025-08-15T13:18:10","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-maintains-dominance-in-spot-market-with-nearly-40-share\/"},"modified":"2025-08-15T16:18:10","modified_gmt":"2025-08-15T13:18:10","slug":"binance-maintains-dominance-in-spot-market-with-nearly-40-share","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-maintains-dominance-in-spot-market-with-nearly-40-share\/","title":{"rendered":"Binance Maintains Dominance in Spot Market with Nearly 40% Share"},"content":{"rendered":"

In July 2025, the cryptocurrency exchange Binance retained its top position in the spot market among CEX<\/span> with a 39.8% share. Trading volume on the platform increased by 61.4% compared to June\u2014from $432.6 billion to $698.3 billion. This is reported in a report<\/a> by CoinGecko.<\/p>\n

<\/p>\n

MEXC ranked second with an 8.6% share and a trading volume of $150.4 billion. This is 61.8% more than in June, when the figure was $93 billion. Gate secured the third position with a market share of 7.8% and a volume of $137.2 billion, showing a 61.3% month-on-month growth.<\/p>\n

\"image1\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The remaining exchanges in the top 10 control 43.8% of the market. The share of platforms from fourth to tenth place is relatively evenly distributed\u2014ranging from 5% to 7% each.<\/p>\n

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“Coinbase gradually lost share throughout 2025: starting the year at 7%, it decreased to 5.8% by July. Currently, the platform ranks ninth with a trading volume of just over $101.7 billion for July. However, the American exchange showed the highest monthly growth among the top 10\u2014volumes increased by 82.6%, from $55.7 billion in June to $101.7 billion in July,” note CoinGecko analysts.<\/em><\/p>\n<\/blockquote>\n

Second Quarter Results<\/h2>\n

By the end of the second quarter, the total spot trading volume on the top 10 centralized exchanges amounted to $3.9 trillion. This is 27.7% less than the first quarter’s figure of $5.4 trillion.<\/p>\n

Binance dominated the second quarter with a 38% market share. The platform processed transactions worth $1.47 trillion. However, trading volume decreased by 21.6% compared to the first quarter, when it reached $2 trillion.<\/p>\n

Seven of the ten largest exchanges recorded a decline in trading volumes in the second quarter. Crypto.com showed the largest decrease (-61.4%). The platform’s trading volume fell from $560.2 billion in the first quarter to $216.4 billion in the second.<\/p>\n

\"image2\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

Only three exchanges demonstrated quarter-on-quarter growth: MEXC (+3.7%), HTX (+5.4%), and Bitget (+3%).<\/p>\n

Market Dynamics<\/h2>\n

The increase in trading volumes in July is linked to overall bullish sentiment<\/a> in the cryptocurrency market. Bitcoin surpassed historical highs, attracting new participants to the market.<\/p>\n

Despite the growth in July, the overall trend in the second quarter shows a decline in trader activity on centralized exchanges. Market participants are increasingly turning to DEX<\/span>, which gained share<\/a> amid declining CEX figures.<\/p>\n

In June, Binance’s share in spot trading reached<\/a> an annual high of 41%.<\/p>\n","protected":false},"excerpt":{"rendered":"

In July 2025, the cryptocurrency exchange Binance retained its top position in the spot market among CEX with a 39.8% share. Trading volume on the platform increased by 61.4% compared to June\u2014from $432.6 billion to $698.3 billion. This is reported in a report by CoinGecko.<\/p>\n","protected":false},"author":1,"featured_media":26119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,958],"class_list":["post-26120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-trading-volume"],"aioseo_notices":[],"amp_enabled":true,"views":"227","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26120"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26119"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}