Data: The top four CEXs in Q2 market share were Binance, OKX, Bybit, and Bitget

According to the cryptocurrency exchange report for the second quarter of 2025 released by TokenInsight, Binance, OKX, Bybit, and Bitget ranked in the top four spot and derivatives market shares, accounting for 35.39%, 14.34%, 12.26%, and 11.45%, respectively.

Binance continues to lead the market share of open positions with 23.8%, followed by Bybit (15.76%) and Bitget (15.37%).