CoinGecko: As of June, Binance is still the largest CEX, and Bybit ranks second

CoinGecko said in its recent report that Binance is still the largest CEX, with a market share of 44% in June 2024, and its spot trading volume fell to an annual low of $424.7 billion that month, a 22.7% decrease from May ($549.8 billion). Bybit is the second largest CEX, with a market share of 12.7%, and a spot trading volume of $117.9 billion in June, a decrease of 1.7% from the previous month; its market share rose from third place in Q1 to second place in Q2. Upbit fell to 10th place, with a market share of 5% (a significant drop from 9% in Q1) and a trading volume of $177.8 billion in Q2.