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Binance’s revenue grew 10x over two years: report
- Binance revenue was $12 billion in 2022, with 10x growth in the past two years.
- While OKX also saw its revenue grow 4x, Huobi’s fell 98% since Q2, 2021.
- FTX revenue was $50 million to $120 million from trading fees per month before its collapse in November 2022.