Binance’s rehabilitative efforts appear to be slow to take root, with the largest crypto platform’s share of trading volume in the roughly $2 trillion digital-asset market falling in September to the lowest level in four years.

In September 2024, Binance saw a significant drop in trading volume. In a report by CCData, the platform has reported the least trading volumes in both the derivatives and the spot since December 2023.

Last month, Binance's combined market share in spot and derivatives volume dropped to its lowest level since September 2020, according to

Overall, Binance's combined market share dropped to 36.6%, the lowest since September 2020, although it remains the leader in global spot trading volume among centralized exchanges.