The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included.
Binance’s market share for crypto-only exchanges rose to 87% in December from 82.7% in September before the demise of FTX, according to The Block’s data.
Disclaimer: Beginning in 2021, Michael McCaffrey, the former CEO and majority owner of The Block, took a series of loans from founder and former FTX and Alameda CEO Sam Bankman-Fried. McCaffrey resigned from the company in December 2022 after failing to disclose those transactions.
Source: https://www.theblock.co/post/196575/coinbase-binance-enjoy-market-share-gains-after-ftx-demise?utm_source=rss&utm_medium=rss