In today’s briefing:
- CFTC V. Binance: The Data Behind the Suit
CFTC V. Binance: The Data Behind the Suit
- Binance is the world’s largest crypto exchange by a huge margin.
- It has achieved consistent growth since its founding in 2017, but its increasing dominance has been striking to watch since 2020, when it held around 25% of spot volume market share.
- Its market share approached 50% at the tail end of the 2021 bull market before retreating and again expanding to peak over 70% this year.
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