The analytical cryptoservice CoinGecko has provided information on the largest crypto exchanges for April 2025. According to this report, the undisputed leader in recent years, the Binance crypto exchange continues to lose its leadership, as Binance consistently occupies less than 40% of the total trading volume, although 2 years ago its share was above 60%. Despite this, Binance continues to be the leader, as its closest competitor Gate.io only 9%. The current Top 10 exchanges in terms of trading volume are as follows.
TOP 10 Crypto Exchanges in 2025:
| № | Crypto Exchange | Market share | Trading volume in Q1 2025 |
| 1 | Binance | 38% | -15,7% |
| 2 | Gate.io | 9% | -12,6% |
| 3 | Bitget | 7,2% | -13,2% |
| 4 | MEXC | 7,1% | -1,8% |
| 5 | OKX | 7,0% | -16,3% |
| 6 | Coinbase | 6,9% | -10,4% |
| 7 | Bybit | 6,7% | -16,9% |
| 8 | Upbit | 6,4% | -34% |
| 9 | Crypto.com | 6,2% | -26,1% |
| 10 | HTX | 5,4% | +11,4% |
As can be seen from the table, Binance leadership, despite the drop in market share from 60% to 38%, continues to be indisputable, but a whole war has broken out for the second and third places. And what surprised me personally was to see a crypto exchange in second place. Gate.io since most recently, this position was held by the Bybit crypto exchange with a market share of 12%. But apparently the recent hacking of Bybti for a record $ 1.5 billion did not go unnoticed, and as of April 2025, Bybti is already on the 7th line with an indicator of only 6.7%.
In the top 5 most popular crypto exchanges, except Gate.io , turned out to be Bitget, MEXC and OKX. Moreover, of the five, MEXC has the lowest drop in trading volume at 1.8%, while competitors have a double-digit percentage drop.
Details on the CoinGeckowebsite
