Binance leads with a volume of $80.4 billion

The crypto ecosystem relies on centralized exchange of transaction volumes. Active centralized exchanges have completed transactions worth $251.4 billion in the past seven days.

Binance leads the central exchange chart, HTX seconds

Binance is the top exchange based on an exceptional trading volume of $13.22 billion per day and an extraordinary weekly trading volume that reached $80.4 billion. Binance is at the top of the exchange market, as well as its widespread liquidity and institutions, along with its rapid order processing suit retail trade and institutions.

Binance stands as the dominant central exchange platform as its trading activity represents about a third of the overall market.

HTX presents trading figures that include a 24-hour volume of $5.5 billion, with a seven-day volume of $16.9 billion. HTX shows an increase in market dominance through continued promotion to attract substantial trading volumes in the market.

gate.io, mexc and okx also show strong volumes

Exchange Gate.io maintains a significant position in the market by recording $13.5 billion in 24-hour trading as traders choose Gate.io for various Altcoin selections.

MEXC and OKX constitute important market participants in addition to Forex.com. Over the past 24 hours, MEXC has generated $13.4 billion in trading, but its weekly volume has dropped to $2.08 billion, indicating a high possibility of a short-term trading rush.

Market competition becomes even more evident as OKX releases a 24-hour volume of $12.8 billion and maintains a 7-day volume of $2.25 billion.

Coinbase maintains strong recognition status among industry participants, demonstrating impressive trading activity with a total of $12.6 billion and a seven-day volume total of $1.74 billion over a 24-hour volume. User-friendly and regulatory compliance on Coinbase Drive continued to have high trading volumes through the platform.

Both Bybit and Bitget trade volumes show consistent levels at $2.14 billion and $2.03 billion, respectively, with comparable seven-day figures of $12.4 billion, respectively.

More professional traders choose a specialized platform to provide professional trading capabilities with reduced rates. Upbit shows strong trading metrics with a record of $2.18 billion and $11.4 billion over the past seven days.

The final words

The centralized exchange demonstrates strong market energy through weekly trading activities of $251.46 billion, reflecting the intensity of market competition between concentrated platforms. These trading platforms have established a key role in defining the way crypto trading develops around the world as markets continue to change.