2025-12-25 22:21:20

The crypto exchange landscape reveals fascinating concentration dynamics. According to Coinglass data, leading platforms command significant market dominance in user asset custody. One major exchange alone accounts for over 72% of market share, managing $163.9B in daily average assets under custody, with yearly highs approaching $214.3B. This concentration level underscores how institutional and retail capital continues flowing into established trading platforms, reflecting confidence in proven operational infrastructure and liquidity depth. Such metrics highlight the ongoing centralization trend in the digital asset space, even as decentralized alternatives continue gaining traction.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
5
Repost
Share

Comment

0/400

NotAFinancialAdvice

· 11h ago

72%？Is this still called decentralization? Laughing to death, the endgame of Web3 is the new centralization. --- Big players are eating, retail investors are drinking soup, this is the reality. --- Wait, 214B in custody assets... how risky must that be? --- Talking about the future of DEX, but the money still piles into big exchanges. Human nature, I suppose. --- Is a monopoly so exaggerated? Really? I thought it was decentralized. --- Institutions trust big platforms, reliable and no problem, but I just feel uncomfortable. --- Every time I see this kind of data, I wonder, what if something goes wrong?

View OriginalReply0

ForkInTheRoad

· 11h ago

72%? That's why I'm still a bit uneasy about putting my main assets on the exchange...

View OriginalReply0

OffchainWinner

· 11h ago

72% market share? Isn't this the so-called "too big to fail"? --- Centralized exchanges take up 70% of the market... DEXs are still slowly enduring. --- 214.3 billion at a high... This number looks a bit crazy, feels like a bubble is about to burst? --- Institutional funds are pouring into top exchanges, retail investors are still getting cut... How is this game played? --- Where is the promised decentralization? It turns out one company still dominates, how ironic. --- This concentration is truly frightening. If one platform collapses, the entire market will have to go down with it.

View OriginalReply0

SmartContractDiver

· 11h ago

72%？ Damn, the level of centralization here is a bit outrageous... --- Big players are all piling up at top exchanges. Where's the promised decentralization... --- 163.9B daily? Is that real? Feels like a crash could happen any day --- Why is everyone clustering at one exchange? Aren't you afraid of system crashes? --- Institutions are pouring money into major exchanges, retail investors are following suit. This cycle is a bit unhealthy --- Decentralized exchanges: I'm still here... Centralized exchanges: Got 214B in hand, haha --- Centralization is still centralization. No matter how much you hype it, this fact won't change

View OriginalReply0

ContractBugHunter