CoinGecko: Binance and Gate.io rank the top two in CEX market share in April 2025

avatar
PANews
05-08
This article is machine translated
Show original

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.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments