Binance Leads New Token Trading Volume in 2025
Date: 2025-08-20 Author: Henry Casey Categories: BUSINESS
CryptoQuant, an analytics platform, reports that the exchanges closest in terms of volume are showing much lower figures: HTX — $38 billion, Bybit — $35 billion, MEXC — $34 billion. The study includes exchanges with high activity in listing new tokens, from 19 to 31 per year.
According to CryptoQuant, over the past month, the daily turnover of new tokens on Binance reached $1.1 billion. On average, in 2025, the exchange's share of the spot market for new tokens is 34%, or $308 million. At its peak, on July 10, this figure reached 54% ($948 million).
Trading volumes on all major exchanges have fluctuated between $400 million and $1.6 billion in recent weeks amid expectations of a new alt season. MEXC, Bybit, and HTX exchanges also demonstrated high activity, reaching peaks of $392 million, $243 million, and $292 million, respectively.
Recall that in July 2025, Binance retained its leadership in the spot market among CEXs with a share of 39.8%. Over the month, trading volume on the platform increased by 61.4% - from $432.6 billion to $698.3 billion. These data highlight the exchange's sustainable advantage in the new token segment and the active interest of traders in recently listed projects.
The growth of Binance trading volumes also reflects the general market trend towards increasing liquidity and attracting new investors to altcoins. The platform continues to expand the range of tokens and maintain a high level of activity among users, which creates additional opportunities for trading on the spot market.
Binance thus confirms its status as the leading platform for trading new tokens in 2025, significantly ahead of its competitors and demonstrating a stable increase in turnover even against the backdrop of market fluctuations.
