Cuota de mercado por volumen de exchanges

Share = one exchange's 24h volume / total across the six venues (USDT-quoted pairs, self-collected ticker snapshots, roughly hourly). The trend chart grows as snapshots accumulate.

Share shifts track liquidity migration: a sudden drop at a top venue often accompanies withdrawal panics or regulatory events, while a rising challenger signals fragmenting liquidity. Cross-check with liquidations and funding data.