CandleFocus

Binance Leads Centralized Exchanges with Record $193B Weekly Volume

Binance maintains a strong lead in centralized exchanges, with a weekly trading volume of $90.7 billion. Crypto.com and Bybit also have impressive trading volumes, solidifying their positions as top players. Despite the rise of decentralized finance (DeFi), centralized exchanges continue to see sustained relevance and growing transaction volumes. The centralized to decentralized exchange (DEX) trading volume ratio is 14.18%, indicating CEXs still dominate. Other significant centralized exchanges such as Coinbase, Gate.io, OKX, HTX, MEXC, and Upbit also contribute to the dynamic trading volume, reflecting user confidence and a strong liquidity base.

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