by Mishal Ali
On December 30th, Senior Analyst at Arcane Research Vetle Lunde posted a thread highlighting the largest crypto exchange’s substantial list of accomplishments in 2022. According to him, “Binance dominates the crypto market.”
No matter how you look at it in terms of trading activity, Binance dominates the crypto market.
92% of spot volume
66% of global perp volume
49% of global perp OI
61% of BTC perp/futures volume
30% of BTC perp/futures OI
Binance is the clear winner of 2022. https://t.co/Ta5cJOfceB
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