Binance leads the CEX market with a 39.8% share and a July volume of $698.3B, up 61.4% from June. MEXC jumps to second place, with an 8.6% share, a $150.4B volume, and strong quarterly growth from Q1. Coinbase drops to 9th despite 82.6% MoM surge; Crypto.com posts steepest quarterly decline. Binance continued its reign as the top centralized crypto exchange (CEX) in July, capturing a 39.8% market share. According to the latest data from CoinGecko, the platform handled $698.3 billion in spot trading volume for the month, a massive 61.4% jump from June as Bitcoin’s rally drove market-wide activity. Top 10 Centralized Crypto Exchanges by Market Share 1. @binance – 39.8% 2. @MEXC_Official – 8.6% 3. @Gate – 7.8% 4. @bitgetglobal – 7.6% 5. @Bybit_Official – 7.2% 6. @Official_Upbit – 6.3% 7. @okx – 6.0% 8. @HTX_Global – 5.8% 9. @coinbase – 5.8% 10. @cryptocom – 5.1% — CoinGecko (@coingecko) August 14, 2025 How have things changed: Binance’s dominance is a long-running story. Here’s a look back at our market share report from April . Following the leader, MEXC ranked second with an 8.6% market share ($150.4B in volume), while Gate.io placed third, capturing 7.8% of the m… The post CEX Market Share July 2025: Binance Holds 40% as MEXC Surges, Coinbase Slides appeared first on Coin Edition .
