0xScope: Binance's market share dropped to 41.68%, and Bybit's spot trading volume rose to second place

Odaily News Web3 data analysis company 0xScope released the 2024 CEX market report. The key points are as follows: 1. Binance is still the leader in the global centralized exchange (CEX) market. However, its market share has dropped from 51.2% to 41.68%. OKX, Bybit, and Bitget have become the biggest beneficiaries of Binance's reduced market share; 2. Spot trading volume: Binance's market share decreased by 13% year-on-year but still led, and Bybit jumped from seventh to second; 3. Derivatives trading: Binance's market share fell 8.4% year-on-year, while OKX, Bybit, and Bitget rose sharply; 4. Platform coins: BNB dominates the market, and MNT surpasses other tokens because of its Layer-2 platform.