Centralised Exchange Volume Concentration — withdrawn run of 4 August 2026
Withdrawn as unusable
- Pull date 4 August 2026
- Published 4 August 2026
- Source DefiLlama, centralized exchange endpoint, self-reported 24-hour spot volume
- Method Centralised Exchange Volume Concentration (withdrawn)
- Write-up Read the article
- Files CSV · JSON
The figures
| venue | share_pct | rank |
|---|---|---|
| Binance | 17.90 | 1 |
| BTCC | 10.50 | 2 |
| Pionex | 7.50 | 3 |
| BitMart | 4.00 | 4 |
| Coinbase | 2.80 | 12 |
Notes on this run
$33.32bn changed hands in twenty-four hours across the 61 venues reporting a non-zero spot figure, out of 91 tracked. The Herfindahl-Hirschman index across those venues reads 641, below the 1,000 that a ten-way even split would score.
That reading is why the measurement was withdrawn. Coinbase, a listed company reporting audited transaction revenue to the SEC each quarter, ranks twelfth by this dataset. Any dataset that places it twelfth by spot volume is measuring something other than what it claims to measure.
Thirty of the ninety-one exchanges tracked report no spot volume at all, Robinhood among them.
Only five venues were itemised in the published article and only those five appear here. The full table was not published and has not been reconstructed.
What this does not show
These figures are published so the failure can be audited, not so the ranking can be used. Every share is a share of the venues that chose to answer, and none of them can be checked against a settlement layer.
Data files on this page are published under CC BY 4.0. Reuse them commercially or otherwise, with attribution to CoinageReport. The limitations statement travels inside the JSON envelope, and we would rather it was not stripped.