Binance Dominates Crypto Market Liquidity with 64.4% Share

Binance has become the deepest liquidity pool for nearly two-thirds of listed crypto assets, according to data from CoinDesk Research. Across 427 listed assets compared against top-tier exchanges, Binance ranked as the deepest venue for 275.

This represents a significant shift in where market liquidity resides, with the majority of tradeable digital assets now having their best execution depth on a single platform, extending well past Bitcoin and Ether.

Exchanges like Binance are broadening their product suites to offer users exposure to a growing range of asset classes, including US-listed stocks and ETFs, derivatives providing exposure to commodities, and pre-IPO opportunities.