Binance Dominates with 36% Centralized Exchange Market Share Amid 12% Decline in Overall Crypto Trading Activity
Despite a 12% quarter-over-quarter contraction in global cryptocurrency trading volumes during Q1 2025, Binance maintained its position as the leading centralized exchange (CEX), capturing 36% of total market share. The exchange’s resilience highlights its strong liquidity position and user retention even as broader market conditions softened. Industry analysts attribute the overall volume decline to reduced retail participation and institutional caution following recent regulatory developments. Notably, Binance’s performance outpaced competitors during this period of market consolidation, demonstrating the platform’s ability to adapt to evolving market dynamics while maintaining its dominant position in the CEX landscape.