Binance Leads Crypto Exchange Landscape as Gate.io Rises

CoinGecko’s April 2025 report reveals the leading cryptocurrency exchanges, shedding light on market share shifts in the world of decentralized finance (DeFi). Binance maintained its dominant position, holding a commanding 38% market share throughout April. Despite this strong standing, Binance saw a noticeable dip in trading volume compared to March, reaching $482.6 billion for the month, the first time it has fallen below $500 billion since October 2024. However, its position as leader remains stable with a total of 37.5% share of the top 10 centralized exchanges in Q1 2025.