Binance stays because the High Central Change (CEX) by buying and selling considerably on April 21, 2025, with all different rivals in a major lead. Binance processed $53.4 billion in its weekly buying and selling enterprise, which accounts for nearly 27% of its complete exercise throughout CEX week.
High centralized exchanges based mostly on weekly buying and selling quantity
#binance #upbit #gateio #mexc #bitget #okx #bybit #htx #coinbase pic.twitter.com/vareyrmoro– Phoenix – Crypto Information & Analytics (@PNXGRP) April 21, 2025
Binance manages practically 27% of the market with weekly buying and selling volumes reaching $53.4 billion, whereas sustaining its monopoly place by its each day buying and selling quantity of $11.42 billion. The unbelievable benefit of vinanence continues to develop stronger throughout the spot and derivatives market regardless of the worldwide competitors for change.
CEX Market information weekly volumes of $196.7 billion throughout 58 energetic platforms
Based on the newest Phoenix Group statistics, the whole weekly change quantity throughout all centralized exchanges reached $196.7 billion. The CEX buying and selling platform corresponds to 58 energetic platforms, demonstrating robust competitors and energetic commerce dynamics throughout the cryptocurrency market.
Knowledge reveals that key platform contributors preserve steady progress patterns as Binance, Upbit, Gate.io and MEXC dominate the buying and selling quantity of the market. The buying and selling quantity ratio between CEX and DEX is 12.13%. This reveals that regardless of the recognition of decentralized buying and selling platforms, CEX is the dominant drive of the panorama.
A aggressive quantity between main exchanges
Upbit together with gate.io and Mexc confirmed robust market presence after the benance after the week volumes reached $14.6 billion, $12.1 billion and $11.3 billion, respectively. Gate.io achieved a aggressive 24-hour buying and selling quantity of $2.43 billion. This coincided with Upbit and Bitegt at $200 billion every, whereas MEXC was traded at $1.96 billion.
Upbit operates as Korea’s prime cryptocurrency change and continues to dominate the East Asian crypto market, with Gate.io and Mexc strongly interesting to Altcoin and By-product Buying and selling customers.
These exchanges reveal distinctive efficiency by market adjustment, together with the power to draw customers with revolutionary options and a number of pairs of merchants, as proof of sturdiness.
Biteg, OKX, and BYBIT strengthen the place of the center layer
Change Bitget has maintained a $11 billion value of weekly journal supported by a quantity of $200 billion a day, establishing itself as a quickly rising central change participant. The mix of derivatives buying and selling and institutional service provision on OKX brings a weekly buying and selling and each day quantity of $2.2 billion.
BYBIT reached $9.7 billion in weekly buying and selling volumes, however each day buying and selling reached $1.94 billion by specializing in derivatives and leverage choices.
A number of exchanges of robust mid-ranges proceed to draw rising volumes as they add new buying and selling capabilities, have interaction in strategic alliances and broaden geographically throughout Asian and Center Japanese markets.
HTX and Coinbase conclude the highest rankings
With a weekly $9.1 billion deal, HTX (previously Huobi) together with Coinbase took on the ultimate place on this checklist, recording a quantity of $8.7 billion. HTX operates each day buying and selling volumes of over $1.98 billion because the platform reaches international markets following the branding transition. Working as the biggest US-based crypto change, Coinbase achieved buying and selling actions value $1.86 billion a day.
The US regulatory challenges haven’t prevented Coinbase from sustaining robust connections with retail customers who belief digital property to hyperlink to the standard monetary system. The buying and selling platform emphasizes compliance with transparency and institutional belief, notably so as to preserve buying and selling exercise in mature markets.
