According to the TechFlow report by 0xScope, in the 2023 CEX market, excluding Coinbase and Upbit which lack derivative business, Binance accounts for 51.2% of the market trading volume, OKEx accounts for 13.4%, Bybit accounts for 9.6%, and Bitget accounts for 7%.

In terms of spot trading, Binance has a relatively large market share, accounting for 52.5% of the total market share. Upbit ranks second (6.8%) and has seen a significant increase in recent weeks, while Coinbase's market share remains stable at 5%-7%. In terms of CEX derivative trading, Binance accounts for 50.9% of the market share, while OKEx, Bybit, Bitget, and MEXC make up the second tier of derivative exchanges (with a total market share of 42.3%).