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Reading: Binance Wallet Grabs 95% DEX Market Share
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Your Crypto News Today > Exchange > Binance Wallet Grabs 95% DEX Market Share
Exchange

Binance Wallet Grabs 95% DEX Market Share

May 25, 2025 3 Min Read
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Binance Wallet Grabs 95% DEX Market Share

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  • $5,100,000,000 in 24 hours: Binance Pockets hits new dominance milestone
  • Airdrops, prelisting buying and selling, rewards: Key pillars of Binance Pockets’s success

Binance Pockets, a self-custody Binance pockets with KYC, has taken the DEX market by storm. Yesterday, it set a brand new report, having reached $5 billion in buying and selling quantity. Three weeks in the past, this metric was under $200 millon. As of at this time, Binance’s unit surpassed all of its rivals, together with MetaMask.

$5,100,000,000 in 24 hours: Binance Pockets hits new dominance milestone

Binance Pockets, a noncustodial cryptocurrency pockets by Binance, routinely units new buying and selling quantity ATHs. Through the Might 19, 2025 session, it dealt with about $5.1 billion in 24 hours. The closest competitor, OKX, barely exceeded $120 million throughout wallets, DEXes and API mixed, as on-chain researcher @LZ_web3 displayed on Dune.

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Because of this, Binance Pockets achieved 95% dominance within the section of decentralized crypto wallets with built-in change options.

To place the numbers within the context, it must be burdened that ConsenSys’s MetaMask, the preferred on-chain pockets, solely processed $9 million in swaps, which is 555x decrease than that of Binance Pockets.

The chief established its dominance shortly. On Might 1, 2025, it processed lower than $200 million. As such, in simply three weeks, Binance Pockets elevated its quantity by 25x.

Binance Pockets can also be answerable for one in all three energetic cryptocurrency wallets within the DEX section, one other dashboard says.

Airdrops, prelisting buying and selling, rewards: Key pillars of Binance Pockets’s success

As lined by U.In the present day beforehand, such spectacular progress is way from being 100% natural. Binance Pockets customers can entry Binance Alpha, a large program of prelisting buying and selling of early-stage tokens with superb volatility.

Additionally, Binance Pockets customers are eligible for rewards, airdrops inside its points-based incentive for patrons. Proportionally to their buying and selling quantity, customers can get rewards in new tokens arriving on Binance Pockets.

Yesterday, Binance Pockets additionally nearly lifted charges on probably the most trending tokens. Order charges on Binance Futures for 10 property had been diminished from 0.15% to 0.01%.

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