**Crypto Comedy: Binance and Crypto.com in the Market Share Tango**
- Binance and Crypto.com are losing their dance floor dominance to smaller, nimble competitors as decentralized exchanges (DEXs) gain the spotlight. đ
- Binanceâs spot trading volume dipped from 52.5% to 39.54% in a year, while its derivatives market share shrank from 50.9% to 42.5%.
- Bybit and Bitget are the new stars, with Bybit jumping from 3.2% to 8.51% and Bitget rising from 8.2% to 12.7%, thanks to strategic moves and celeb partnerships.
- DEXs are stealing the show, with trading volumes surpassing $250 billion in March and June, making centralized exchanges (CEXs) sweat.
- Despite the shake-up, Binance still processed a whopping $22.5 trillion in trading volume over the past year.
Stay tuned as the crypto dance floor keeps spinning!