Binance Leads Spot Trading Volume in 2025 So Far “The cumulative spot volume chart clearly shows Binance leading with the largest share of activity, with 1.9T since the beginning of 2025… Binance controls 43.66% of the total spot market volume (4.56T), which is: - More than 3.6 times its closest competitor - Greater than the combined volume of the next five exchanges.” – By @JA_Maartun