Binance’s spot share has slid from ~60% to 25% and derivatives from ~70% to ~35% as offshore CEXs and on-chain platforms like Hyperliquid steadily erode its once-dominant position. Binance, the world’s largest cryptocurrency exchange, has experienced a significant decline in…
Binance bulls face make-or-break test as spot dominance hits 25% low
January 15, 2026
