0xScope 2023 CEX Report: In terms of market trading volume, Binance accounts for 51.2%, followed by OKX, Bybit, and Bitget

ChainCatcher news, 0xScope released the 2023 CEX market report. In terms of market trading volume, excluding Coinbase, Upbit, and others that lack derivatives business, Binance occupies 51.2%, OKX occupies 13.4%, Bybit occupies 9.6%, and Bitget occupies 7%.

In terms of spot trading, Binance has a relatively large spot trading volume, accounting for 52.5% of the total market share. Upbit ranks second (6.8%), experiencing significant growth in recent weeks, while Coinbase's market share remains stable at 5%-7%. In CEX derivatives trading, Binance's derivatives trading volume share is 50.9%, with OKX, Bybit, Bitget, and MEXC forming the second tier of derivatives exchanges (with a total market share of 42.3%).