
PANews reported on May 8th that according to a research report released by CoinGecko, in the market share ranking of centralized exchanges in April 2025, Binance ranked first with a 38% market share, followed by gate.io in second place with a 9% market share.
Additionally, gate.io is the second-ranked centralized exchange in spot trading volume in April 2025. Its trading volume reached $113.7 billion, with a market share of 9.0%. Compared to $99.4 billion in March, this represents a 14.4% growth. It is the only exchange that achieved double-digit growth. Apart from Binance, no other exchange had a market share exceeding 10% in April.





