Binance upholds its place as the highest centralized trade (CEX) by buying and selling quantity with a big lead over all different rivals on April twenty first, 2025. Binance processed $53.4 billion in weekly buying and selling operations representing virtually 27 p.c 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 every day buying and selling quantity whereas controling almost 27% of the market via weekly buying and selling quantity reaching $53.4 billion. The super dominance of Binance continues to develop stronger throughout spot and derivatives markets regardless of mounting worldwide trade competitors.
CEX Market Data $196.7 Billion Weekly Quantity Throughout 58 Energetic Platforms
The full weekly trade quantity throughout all centralized exchanges reached $196.7 billion in line with the newest Phoenix Group statistics. CEX buying and selling platforms quantity to 58 energetic platforms, which exhibits the robust 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 power within the panorama whilst decentralized buying and selling platforms acquire growing recognition.
Aggressive Volumes Amongst Main Exchanges
Upbit along with Gate.io and MEXC demonstrated robust 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 trade 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 reveal distinctive efficiency via market changes alongside their skill to draw customers with progressive options and merchants with a number of pairs as proof of sturdiness.
Bitget, OKX, and Bybit Strengthen Mid-Tier Positions
The trade Bitget maintained $11 billion value of weekly quantity, supported by $2.30 billion every day quantity, to ascertain its place as a shortly rising centralized trade participant. The mix of derivatives buying and selling and institutional service choices at OKX enabled $10 billion weekly trades and every day quantity at $2.21 billion.
Bybit reached $9.7 billion in weekly buying and selling quantity whereas its every 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, have interaction in strategic alliances, and increase geographically all through Asian and Center Jap markets.
HTX and Coinbase Spherical Out the High 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 every 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 most important crypto trade primarily based in america achieved $1.86 billion value of buying and selling exercise throughout at some point.
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 programs. Buying and selling platforms emphasize compliance alongside transparency and institutional belief for sustaining buying and selling exercise, particularly in mature markets.

