Binance's Hits 4-Year Low—Where Are Traders Going Instead?

Binance's Hits 4-Year Low—Where Are Traders Going Instead?

Binance’s (CRYPTO: BNB) spot trading dominance collapsed to 25% in December—its lowest level since January 2021—as offshore rivals Bybit, HTX, and Gate.io absorb volume while on-chain platform Hyperliquid (CRYPTO: HYPE) rewrites how traders access leverage. Spot Share Down 58% From 2023 Peak Binance handled close to 60% of all spot crypto trades at its 2023 peak after the FTX collapse. That number cratered to 25% in December, down from 28.5% in …