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Reading: Binance is moving ahead in the CEX sector as central exchange sees a volume of $320001.9 billion
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© 2025 All Rights reserved | Powered by All News Bitcoin
Exchange

Binance is moving ahead in the CEX sector as central exchange sees a volume of $320001.9 billion

May 25, 2025 3 Min Read
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Binance is moving ahead in the CEX sector as central exchange sees a volume of $320001.9 billion

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  • Binance held the lead
  • Dex sees development

At the moment’s knowledge from the Phoenix Group revealed the general buying and selling quantity development for the highest 9 crypto centralized exchanges. The information recognized a complete transaction quantity of 58 energetic central exchanges (CEXS) over the previous week reached $320,190 million.

Prime centralized exchanges primarily based on weekly buying and selling quantity
#binance #mexc #gateio #bitget #okx #htx #bybit #cryptocom #coinbase pic.twitter.com/0bpgt9vlxx

– Phoenix – Crypto Information & Analytics (@PNXGRP) Might 20, 2025

Binance held the lead

As reported by the info, Binance maintained its standing as a market chief. Over the previous week, intensive exchanges have recorded buying and selling volumes of $90.4 billion.

In accordance with knowledge, MEXC appeared because the second largest central trade. We have now registered a buying and selling quantity of $22.1 billion over the previous seven days.

Moved down, Gate.io closed its subsequent place because the third largest trade. It dealt with a $20.1 billion buying and selling quantity on weekdays, growing the variety of customers buying and selling on the platform.

The fourth on the record is Bitget, which gained the highlight with a whopping $19.4 billion buying and selling quantity that was processed simply final week.

OKX was carefully adopted because the fifth greatest trade by buying and selling volumes. Final week, we had a buying and selling quantity of $19 billion.

Different CEXs that recorded vital buying and selling volumes over the week embrace HTX, BYBIT, Crypto.com and Coinbase.

HTX has earned an unbelievable buying and selling quantity of $18.5 billion every week. BYBIT has registered a weekly buying and selling quantity of $17.9 billion.

See also  PayPal brings Stablecoin to the star for cross-border remittances, payment financing

Lastly, Crypto.com and Coinbase demonstrated excellent weekly buying and selling actions of $14.7 billion and $14.2 billion, respectively.

Dex sees development

The information confirmed much more fascinating improvement. Whereas CEXS continues to be an vital platform that permits customers to purchase, commerce and promote cryptocurrencies, DEXS is gaining momentum and exhibits its basic position within the cryptocurrency trade.

Over the previous week, the ratio of transaction quantity between intensive and distributed platforms reached 19.10%. Which means for each billion {dollars} processed on a centralized platform, $191 million shall be processed on a decentralized platform.

This ratio represents a surge in comparison with the previous few months. Due to the illustrations, that ratio was 13.65% in October 2024.

Regardless of the expansion in DEX buying and selling quantity, CEXS stays the dominant platform within the crypto market. Previously week alone, 58 energetic CEXSs have processed a complete of $32001.9 billion, of which Binance has surpassed $90.4 billion.

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Reading: Binance is moving ahead in the CEX sector as central exchange sees a volume of $320001.9 billion
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