According to CCData, Binance’s combined market share in spot and derivatives trading volume fell in September to its lowest level since September 2020. Spot trading volume dropped by nearly 23% compared to August, reducing its spot market share to 27%, the lowest since January 2021. Derivatives trading also declined by 21%, with Binance holding a market share of 40.7% among centralized exchanges (CEX), marking its lowest point since September 2020.
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