Report: The top 15 CEX trading volume in 2024 will be about 19 trillion US dollars, and Binance will account for only 40%

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MarsBit
02-13
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According to a report by CoinGecko, the trading activity of CEXs surged in 2024, with the top 15 CEXs' spot trading volume reaching $18.83 trillion, more than double the $8.05 trillion in 2023, but still lower than the historical high of $25.21 trillion set in 2021. Bit maintained its leading position in 2024, with a trading volume of $7.35 trillion, accounting for nearly 40% of the total market share. Bybit followed closely, ranking second with a 9.3% share. Crypto.com saw the fastest growth among the exchanges, with its trading volume increasing by 970% from $120.6 billion in 2023 to $1.29 trillion in 2024. Bybit and gate.io grew by 398% and 242%, respectively. CoinGecko tracked market trends from 2020 to 2024, with 2021 being the most active year, as spot trading volume soared 566.8% from $3.78 trillion in 2020 to $25.21 trillion.

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