Coingecko data revealed that spot trading volume for Vinance increased 61.4% in July to $698.3 billion compared to the previous month.
Vinance Spot trading volume rose 61.4% in July to reach $698.3 billion
This surge came when Bitcoin hit an all-time high and pushed Binance’s share of the global spot trading market to nearly 40%.
Binance’s performance far surpassed its nearest competitors. In July, MEXC ranked second with an 8.6% market share and a trading volume of $1000.4 billion, while Gate ranked third with a 7.8% market share and a trading volume of $137.2 billion. Binance’s trading volume exceeded the total total of these two exchanges.
And this advantage was not limited to July. In the second quarter of 2025, Binance alone accounted for 38% of the total trading volume of the top 10 global exchanges. During this period, a total of $1.47 trillion, total of $1.47 trillion passed through Binance.
Analysts say this strong growth is made possible by Binance’s liquidity advantage, broad trading pairs and trust in its global user base. According to the data, the exchange integrates both market leadership and weights in global crypto trading.
*This is not investment advice.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
