Binance stays because the High Central Alternate (CEX) by buying and selling considerably on April 21, 2025, with all different opponents in a big 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 primarily based 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 means of 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 alternate.
CEX Market information weekly volumes of $196.7 billion throughout 58 energetic platforms
Based on the most recent Phoenix Group statistics, the entire weekly alternate 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 inside the cryptocurrency market.
Information reveals that key platform contributors are sustaining a secure progress sample 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 exhibits 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 high cryptocurrency alternate 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 display distinctive efficiency by means of market adjustment, together with the flexibility to draw customers with modern options and a number of pairs of merchants, as proof of sturdiness.
Biteg, OKX, and BYBIT strengthen the place of the center layer
Alternate Bitget has maintained a $11 billion price of weekly journal supported by a quantity of $200 billion a day, establishing itself as a quickly rising central alternate 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, interact in strategic alliances and develop 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 listing, 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 alternate, Coinbase achieved buying and selling actions price $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 in an effort to keep buying and selling exercise in mature markets.
