Leading exchanges' spot market share drops to 25%, changing the competitive landscape of the crypto market

NullWhisperer · 2026-01-14T19:40:10+00:00

The landscape of crypto spot trading has changed, with a leading exchange's market share dropping to 25%, hitting a new low, down 3.5 percentage points from November. Competitors are rapidly emerging, and the iteration of traders' buying and selling methods has increased user liquidity, reflecting market changes.

NullWhisperer

2026-01-14 19:40:10

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【Crypto World】The landscape of crypto spot trading has shifted again. A leading exchange’s market share in December dropped to 25%, hitting a new low since January 2021. Compared to 28.5% in November, it declined by 3.5 percentage points in just one month.

It’s quite surreal. This exchange nearly reached a peak of 60% in 2023, but now it has been eroded by newcomers. The reasons behind this are quite clear: first, competitors are rapidly gaining market share; second, traders’ buying and selling methods are evolving, no longer bound to traditional exchanges.

The market is flowing, and users are flowing as well. This is the true picture of the current spot trading market.

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