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Coingecko has released a report on the CEX market. The study examined the top 10 centralized exchanges by spot trading volume, using CoinGecko data from January 1, 2023 to June 30, 2023. Market share was based on total monthly spot trading volume, demonstrating a significant decline in market shares of Binance and Coinbase.
Top 10 centralized crypto exchanges based on spot trading volume, updated as of June 2023.
Rank | Centralized Crypto Exchanges | Market Share (%) |
---|---|---|
1 | Binance | 51.7% |
2 | Upbit | 8.1% |
3 | OKX | 7.0% |
4 | Coinbase | 6.5% |
5 | Bybit | 5.4% |
6 | Kucoin | 4.9% |
7 | Bitget | 4.9% |
8 | MEXC | 4.2% |
9 | Gate.io | 3.9% |
10 | Kraken | 3.6% |
Read the full report here:
https://www.coingecko.com/research/publications/centralized-crypto-exchanges-market-share
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