Tokeninsight Report: Binance maintains its market dominance with a 50.6% market share in Q2 of 2023.
BlockBeats news, on July 14th, Tokeninsight released its Q2 2023 cryptocurrency exchange report. The report showed that in Q2 2023, Binance's market share was 50.6%, which was basically the same as the same period last year, and it still maintained its position as the market leader.
In addition, Binance's total trading volume in Q2 2023 was 4.3 trillion US dollars, with an average share of 55.33% in the spot market, a 54% share in derivatives trading, and a 35.69% share in open interest market. Multiple data show that Binance still dominates the cryptocurrency market.