**"Real Users Vote with Money" - Binance Maintains Global Lead Despite FUD**
Despite the ongoing wave of Fear, Uncertainty, and Doubt (FUD) in the crypto market, Binance has retained its position as the world's dominant cryptocurrency exchange. The platform's market share remains robust, with a staggering 39% market share according to Coingecko's latest data.
This is a testament to the enduring trust of users in the exchange, despite the various claims and rumors that have been circulating online. Binance founder Changpeng Zhao (CZ) was quick to respond to these developments, saying "Real users vote with their money." This comment can be seen as a subtle dig at the FUD against the exchange.
The FUD has been fueled by allegations that Binance triggered the 10 October crash and was behind the ongoing "crypto winter". However, AMBCrypto analysis has found these rumors to be false. Data shows that outflows from the exchange were within normal levels given the broader market distress. CryptoQuant CEO Ki Young Ju also weighed in on the matter, stating that the FUD led to only $600 million in outflows, or just 0.3% of exchange BTC's reserves.
"Dear Binance FUDers, great job," Ju sarcastically posed. "You triggered a $600M net outflow rush, a whopping 0.3% of their total reserves." This comment highlights the relatively minor impact of the FUD on the exchange's operations.
Interestingly, even on a year-on-year (YoY) basis, Binance lost only 0.5% of market share. The growth of Hyperliquid DEX and the FUD that began in late 2025 didn't seem to dent its standing much. Bybit, the second most dominant platform, lost 13% of its share over the same period.
The South Korea-based Upbit posted the largest decline of 19% after the $38 million hack in November. Meanwhile, MEXC pulled off a surprising comeback, growing by 90% despite a massive community backlash in late 2025 for blocking customer funds.
BNB's price dropped below $800 for the first time since last August amid a broader market correction. If the pullback deepens, the early 2025 price range of $500-$600 could be feasible for the altcoin in the next few weeks.
**Key Statistics:**
* Binance maintains its top spot as the world's dominant crypto exchange with a 39% market share. * Bybit comes in second at 8%, nearly 5x lower than the market leader. * Coinbase, one of the United States' top players in the market, ranked sixth in global crypto trading volume. * Binance lost only 0.5% of market share on a year-on-year basis. * MEXC grew by 90% despite a massive community backlash in late 2025.
**Conclusion:**
Despite the ongoing FUD and market correction, Binance remains the world's leading cryptocurrency exchange. The platform's robust market share is a testament to the trust of users in its operations. As the crypto market continues to navigate through turbulent times, it will be interesting to see how Binance and other exchanges respond to the challenges ahead.