OKX leads crypto exchanges with $445M in daily inflows as Binance sees $7B outflows

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DefiLlama data shows OKX, Bybit, Gate and Bitget drawing fresh deposits while Binance processed about $7 billion in net outflows

OKX finished a single 24-hour window as the top destination for crypto deposits among centralized exchanges. It pulled in $445 million in net inflows, according to DefiLlama.

Over the same stretch, Binance processed about $7 billion in net outflows. One exchange collected a few hundred million. Its biggest rival watched billions head for the exit.

The 24-hour scoreboard

DefiLlama tracks the wallets that centralized exchanges publicly disclose. That lets it estimate how much money moves in and out of each platform on a given day.

On that count, OKX led the field with $445 million in net inflows. Bybit came second at $112 million.

Gate took third with $91 million. Bitget rounded out the group with $54 million in 24-hour net inflows.

Add up those four winners and the total stays well below $1 billion. Binance’s outflow was several times larger than that combined figure.

Why the scale matters

A net outflow is simple math. It is withdrawals minus deposits over a set period.

Binance still has a deep cushion. DefiLlama data indicated the exchange held roughly $128 billion in assets after the outflows.

That puts the roughly $7 billion departure in perspective. It is a large number in absolute terms. Relative to the reserves, it is a meaningful dent rather than a hollowing out.

OKX sits in a different weight class. Its $445 million inflow put its total tracked reserves at about $29 billion, according to the same DefiLlama data.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.

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