Binance and Cryptoсоm are losing market share to smaller rivals, while decentralized exchanges (DEXs) are gaining momentum

⚫️ Binance's spot market share fell from 52.5% to 39.5% in a year.

⚫️ Bybit surged to 8.51% market share, becoming the second-largest exchange.

⚫️DEX trading volumes grew, surpassing $250bn in March and June.

⚫️Despite losses, Binance still handled over $22.5tr in trading volume.