- Binance led the global BTC spot trading volume in H1 2025 by a market share of 37.34%, far surpassing other exchanges.
- Bybit, Coinbase, Crypto.com and OKX collectively hold 29% of Binance’s control in BTC spot trading.
Throughout the first half of 2025 (H1), the global Bitcoin spot trading scene remains dominated by one name, Binance. According to the latest data shared by Cryptoquant’s chain analyst Maartunn, Binance recorded a global BTC spot volume of 37.34%, totaling over $3.44 trillion.
This number is far ahead of its competitors. In fact, Maartunn admitted that he has always been the starting point for surveillance.
Additionally, the other four major exchanges, namely Bybit, crypto.com, Coinbase, and OKX combined, only covered about 29% of the total spot volume. The difference cannot be underestimated. Although still important, the four tend to be “alternative centres” for traders rather than the main ones.
Meanwhile, there are names like Upbit, Bitet, Huobipro, and others, but these are still in the 5% range. Meanwhile, exchanges like Kraken, Kucoin and Gate.io are increasingly appearing like a niche community market.

Source: Cryptoquant
Beyond BTC: Binance shapes capital flows and trends
However, Binance’s advantage does not stop at Spot BTC volume. In mid-June, the CNF reported that Binance also continues to control the activity of Altcoin and Stablecoin deposits, particularly in the Ethereum and Tron Network.
Daily fund flow patterns show that vinance is not just a normal trading location, but also a “headquarters” of market players seeking to relocate capital quickly. This can be seen from the stable influx of stubcoins and the consistent withdrawal of BTC, two indicators that usually indicate strategic moves.
Not only that, but in the same month, Binance Wallet also released a new feature called Meme Rush. the goal? To enable users to catch opportunities early in the world of memecoin.
This feature works by viewing a list of tokens from platforms such as 4.meme or pump.fun. From the new release, it is clearly categorized as already tradeable coins on DEXS. For users who want to join the market first, this can be a rather fun and potentially powerful hunting tool.
With all this, it’s no wonder Binance is at the heart of attention. Looking for great fluidity? Look at the binance first. Want to know where the market is heading? Again, Binance is often the first clue.
While competitors are becoming increasingly aggressive in functioning and ecosystem construction, Binance’s current advantage is still too broad to catch up in the near future.
Meanwhile, at the time of writing, BNB has changed hands at about $661.09top 1.51% Market capitalization of $93.13 billion over the past seven days.