Binance’s (CRYPTO: BNB) spot trading dominance collapsed to 25% in December—its lowest level since January 2021—as offshore rivals Bybit, HTX, and Gate.io absorb volume while on-chain platform Hyperliquid (CRYPTO: HYPE) rewrites how traders access leverage.Spot Share Down 58% From 2023 PeakBinance handled close to 60% of all spot crypto trades at its 2023 peak after the FTX collapse.That number cratered to 25% in December, down from 28.5% in November, according to CoinDesk Data.The decline marks the exchang ...