Binance Leads the Way: Centralized Exchange Spot Trading Dominates in 2025

Binance is dominating the global cryptocurrency landscape, achieving a staggering $2.2 trillion in spot trading volume during January 2025 alone. This remarkable performance contributed to a total of $14.1 trillion in volume across the top 10 centralized exchanges (CEXs) between January and July. Coinbase also witnessed strong growth, reaching $1.8 trillion in market share by July, reflecting its growing user base. The data reveals a dynamic CEX market where Binance remains at the forefront of trading activity.