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Binance’s Market Share Rises to 35.34%, Q2 Crypto Exchange Total Trading Volume Declines 8% Quarter-over-Quarter

2026-07-24 02:40

Odaily Odaily reports that a report recently released by TokenInsight shows that the total trading volume of crypto exchanges in the second quarter of 2026 decreased by 8% quarter-over-quarter to $16.5 trillion. Spot trading volume recovered from $3.3 trillion to $4.5 trillion, while derivatives trading volume fell from $14.6 trillion to $12.0 trillion. The proportion of derivatives dropped from 82% to 73%. In terms of overall market share, Binance increased from 32.77% to 35.34%, recording the largest quarterly gain.