Binance upholds its place as the highest centralized change (CEX) by buying and selling quantity with a major lead over all different rivals on April twenty first, 2025. Binance processed $53.4 billion in weekly buying and selling operations representing nearly 27 % of the whole CEX weekly exercise.
TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Binance #Upbit #GateIo #MEXC #Bitget #OKX #Bybit #HTX #Coinbase pic.twitter.com/vAreYrmoRO— PHOENIX – Crypto Information & Analytics (@pnxgrp) April 21, 2025
Binance maintains its unique place via $11.42 billion day by day buying and selling quantity whereas controling almost 27% of the market via weekly buying and selling quantity reaching $53.4 billion. The large dominance of Binance continues to develop stronger throughout spot and derivatives markets regardless of mounting worldwide change competitors.
CEX Market Data $196.7 Billion Weekly Quantity Throughout 58 Energetic Platforms
The entire weekly change quantity throughout all centralized exchanges reached $196.7 billion in response to the newest Phoenix Group statistics. CEX buying and selling platforms quantity to 58 energetic platforms, which reveals the sturdy competitors and energetic commerce dynamics inside the cryptocurrency market.
The information reveals that main platform contributors preserve regular development patterns since Binance, Upbit, Gate.io, and MEXC dominate the market’s buying and selling quantity. The buying and selling quantity ratio between CEX and DEX stands at 12.13%, which demonstrates that CEX stays the dominant drive within the panorama whilst decentralized buying and selling platforms acquire rising recognition.
Aggressive Volumes Amongst Main Exchanges
Upbit along with Gate.io and MEXC demonstrated sturdy market presence after Binance with respective weekly volumes reaching $14.6 billion and $12.1 billion and $11.3 billion. Gate.io achieved $2.43 billion in aggressive 24-hour buying and selling quantity which matched Upbit and Bitget every at $2.30 billion whereas MEXC traded at $1.96 billion.
Upbit operates as the highest cryptocurrency change in South Korea and continues to dominate East Asian crypto markets, and Gate.io and MEXC attraction strongly to altcoin and by-product buying and selling customers.
These exchanges show distinctive efficiency via market changes alongside their skill to draw customers with modern options and merchants with a number of pairs as proof of sturdiness.
Bitget, OKX, and Bybit Strengthen Mid-Tier Positions
The change Bitget maintained $11 billion price of weekly quantity, supported by $2.30 billion day by day quantity, to determine its place as a rapidly rising centralized change participant. The mixture of derivatives buying and selling and institutional service choices at OKX enabled $10 billion weekly trades and day by day quantity at $2.21 billion.
Bybit reached $9.7 billion in weekly buying and selling quantity whereas its day by day buying and selling reached $1.94 billion by specializing in derivatives and leveraging choices.
A number of exchanges in a powerful center vary proceed attracting rising volumes as they add new buying and selling capabilities, interact in strategic alliances, and broaden geographically all through Asian and Center Jap markets.
HTX and Coinbase Spherical Out the Prime Rankings
With $9.1 billion in weekly trades, HTX (previously Huobi), along with Coinbase, occupied the ultimate positions on this listing, which recorded $8.7 billion in quantity. HTX operates with a day by day buying and selling quantity exceeding $1.98 billion because the platform advances its international market attain following its branding transition. Coinbase which operates as the largest crypto change primarily based in the USA achieved $1.86 billion price of buying and selling exercise throughout in the future.
The U.S. regulatory challenges haven’t deterred Coinbase from sustaining a powerful reference to retail customers who belief it to hyperlink digital property to conventional finance techniques. Buying and selling platforms emphasize compliance alongside transparency and institutional belief for sustaining buying and selling exercise, particularly in mature markets.