The “top-tier” exchanges, as ranked in a report by CryptoCompare, increased their market share to 96% in February 2022.
Leading centralized exchanges extend market share in 2022
The report states that KYC and AML standards for exchanges have significantly improved over the last four months.
Market share of top crypto exchanges passes $1T: CryptoCompare report
Overall trading volume was down on derivatives exchanges, but one day set a new yearly high.
Binance overtakes Huobi, OKEx as biggest derivatives exchange
July saw a major shift towards top-tier exchanges on spot markets, while derivatives volumes continue to eat into spot volumes market share.
Spot Markets Target Top-Tier Exchanges While Derivatives Gain Market Share
Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community.
Crypto Exchange Ranking Methods Still Contested as CMC Takes More Heat
Crypto derivatives monthly volume hit a new all-time high of $602 billion in May.
Crypto Derivatives Volume Just Hit a New Record High
The run-up to Bitcoin’s halving has driven near-record volumes, with April 30 posting the second-largest daily trade on record.
Halving Hype Drives Second-Strongest Spot Volume on Record