Binance Tightens Its Grip as Crypto Trading Power Concentrates Further: Data
Binance continued to dominate in 2025, as it captured over 40% of spot and Bitcoin perpetual volumes across major global exchanges. Crypto exchange activity diverged sharply in 2025, as spot market growth slowed down while derivatives trading continued to expand at a strong pace. Total spot trading volume reached $18.6 trillion. This represented a 9%...
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