Trading Volumes on Centralized Exchanges Decline 17% in Sept, Binance Market Share Hits 4-Year Low
In the derivatives market, Binance’s trading volume also dropped 21% to $1.25 trillion, hitting its lowest levels since October 2023. Binance now holds a 40.7% share of the derivatives market, the lowest it has been since September 2020. Overall, Binance’s combined market share in both spot and derivatives has fallen to 36.6%.