Binance’s spot market dominance index has fallen to 51%

The Binance exchange is in first place in the ranking of trading platforms by the volume of cryptocurrency transactions on the spot market.
However, over the past few months, its share in the cryptosphere has decreased significantly, as evidenced by Kaiko data. Binance’s share on the spot market fell from 73% to 51%.
In contrast, the dominance index of the OKX platform increased from 5% to 9%. The share of the Huobi exchange soared from 2% to 10%.

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