Cryptocurrency details platform CoinGecko has revealed its describe overlaying the market shares of centralized cryptocurrency exchanges (CEX) by trading quantity as of April 2025. In accordance with the describe, Binance maintained its leadership with a 38% market part, while Gate.io rose to 2nd mutter with a worthy upward thrust.
Binance had the biggest market part among centralized exchanges with a total mutter trading quantity of $482.6 billion in April 2025. Nonetheless, this quantity represents an 18% decrease when when put next with March. As of this month, Binance has fallen below the $500 billion monthly level for the main time since October 2024.
In the main quarter of 2025, Binance accounted for 37.5% of the general quantity of the head 10 centralized exchanges with a trading quantity of $2 trillion.
Gate.io, which processed $113.7 billion in mutter trading quantity in April, got here in 2nd with a 9% market part. Gate.io, which increased by 14.4% when when put next with March, turned into primarily the most straightforward swap in the head 10 to anecdote double-digit notify. With this debut, it overtook Crypto.com and no matter ending the main quarter in sixth mutter, it displayed a earn monthly efficiency.
Bitget rose to third mutter in April with a 7.2% market part and $92 billion in transaction quantity. Before the total lot of the year, Bitget had simplest a 4.6% market part, alternatively it has solidified its mutter with true notify. Nonetheless, in the main quarter of 2025, it turned into simplest in ninth mutter with a quantity of $279.6 billion.
In the main quarter of 2025, the general trading quantity of the head 10 centralized exchanges lowered by 16.3% to $5.4 trillion. Nine exchanges in the head 10 experienced quantity declines, while eight saw double-digit declines. The steepest decline turned into considered on Upbit, with a 34% decline.
Right here are the head 10 centralized cryptocurrency exchanges and their market shares as of April 2025:
- Binance – 38.0%
- Gate.io – 9.0%
- Bitget – 7.2%
- MEXC – 7.1%
- OKX – 7.0%
- Coinbase – 6.9%
- Bybit – 6.7%
- Upbit – 6.4%
- Crypto.com – 6.2%
- HTX – 5.4%
*Right here’s no longer funding advice.
