【Q1 2025 Listing Report | Lottery included】 GM Fam! Over Q1 2025, there have been many updates regarding exchanges. For example, Binance introduced community voting for token listings, which resulted in seven new tokens being added. It's interesting to take a look at the performance of the exchanges under this dynamic market change. TL;DR > Overview: Analyzed 770 spot token listings across 10 major CEXs. > Listing Activity: Started strong in January (364 listings), slowed in February due to bearish sentiment, but Binance, Coinbase, and Upbit remained consistent. > Trading Volume: Newly listed tokens saw significantly increased trading volume, especially for tokens with <$500M FDV. > Price Performance: 7-day price change suffered in January due to market shift, stabilized in Feb/Mar. > Exchange Performance: Binance led in trading volume, OKX and MEXC led in price performance. Coinbase focused on secondary listings with modest initial volumes. Thanks to the researchers @hoidya_, @shuang_log2pi, @wkky_haha, and @the_mruan for drafting this research. Tag covered exchanges: @binance @okx @Gate_io @MEXC_Official @Bybit_Official @bitgetglobal @coinbase @BithumbOfficial @Official_Upbit @kucoincom Read Full Report: 500 USDT Lottery is included in engagement with this tweet. See below Link: