Despite the normative obstacles and the listing of problems, the new TokeninSight report shows that Binance conveniently heads the CEX market. An increase in competition from the MexC and Bitget saw how the Binance market share fell by 1%, but it still dominates more than a third of CEX transactions.
The company dominates in every metric, which was considered by the report, from the market share to public fame. It leads both in the point and in the volume of derivatives trade, and supports the most stable ratio between the two CEX.
BINANCE wins the CEX race for a mile
Binance suffered several failures during this period, but it is still conveniently heading the CEX market in several key areas. His lists of tokens are not executed as they before, prompting the reverse reaction of the community, and his potential ties with the Trump family also cause fears.
Nevertheless, the exchanges had a strong quarter of 2025, since its trade volume continued to dominate one third of the CEX market.
“Binance retained its leading position in the market in both quarters, with a trading volume of 9.95 trillion. In the 4th quarter of 2024. Due to market volatility, its trade volume in the first quarter amounted to approximately 8.39 trillion dollars. Binance continued to lead the market share, which adhered to 36.5% in the 1st quarter of 2025, ”the report said.
From the point of view of the total market share, Binance does not completely exceed the CEX market. In fact, its control actually decreased by 1.38%.
No other exchange saw this level of decrease, since Bybit lost only 0.89% after the notorious hacking. Nevertheless, most of the largest CEX also decreased slightly, and none of the growing exchanges managed to compete with the start.
Binance is almost 36% of the CEX market, but this is not the only advantage. It also leads to the spot volumes of trade, and in the volume of derivatives, controlling 45% of the former and supporting 17% leadership with the latter.
In addition, Tokeninsight determined that he had the most stable platform structure, maintaining its ratio of place to derivatives, very consistent.
The company also took first place in the market share of open interest, but this was its least convenient leadership. Nevertheless, Tokeninsight has identified several intangible assets that significantly influenced the performance of CEX BINANCE.
In its list of winging attention of industry events for the first quarter of 2025, Binance was mentioned more than any other exchange. In one of these references, Forbes called him one of the most reliable crypto exchange in the world.
In general, despite the constant regulation in several different regions, the exchange, in the visible one, has a solid clutch on the market.
