Newscenter Media News Binance, Bybit and OKX are among the top three cryptocurrency platforms in 2024, according to data from Defilama, a tool used to track and analyze on-chain metrics.
Defilama revealed the yearly metrics for other Binance competitors in a descending order.
Bybit followed with $8.2 billion and OKX, at $5.3 billion.
However, Defilama did not aggregate data for the likes of Coinbase and Gemini so it’s hard to know their figures.
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Fourth, Fifth, and Sixth went to BitMEX, Robinhood, and HTX with proof-of-reserves showing $3.45 billion, $3.165 billion, and $2.12 billion respectively.
On a lifetime scale, Binance became the first exchange to surpass 100 trillion transaction volume according to Data from CC Data.
OKX trails Binance with a lifetime transaction volume of 25 trillion USDT.
By: Babajide Okeowo
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