Binance, one of the world’s largest cryptocurrency exchanges, has published its year-end open letter regarding the year 2025.
The letter stated that the platform’s global user base has surpassed 300 million, and its total annual transaction volume has reached $34 trillion.
According to data shared by Binance, on average, one in every 27 people worldwide is a cryptocurrency user today. The company noted that the crypto ecosystem is rapidly expanding from a niche market into everyday use cases.
The total trading volume on Binance throughout 2025 was recorded at $34 trillion. The exchange reported that trading volume from individual investors increased by 125% year-on-year, while institutional trading volume rose by 21%. It was also noted that on most trading days, approximately half of the global Bitcoin (BTC) and Ethereum (ETH) trading volume occurred through the Binance platform.
The open letter also highlighted Binance’s growth in Web3 activities. According to the letter, over 60% of mainstream on-chain transactions last year were conducted through Binance Wallet. The Alpha 2.0 product has generated over $1 trillion in transaction volume to date, while 17 million users have participated in on-chain project discovery and received approximately $780 million in airdrop rewards.
In terms of compliance and security, Binance announced that its publicly verified user assets under Proof of Reserves (PoR) have reached $162.8 billion. The company stated that in the past year, thanks to its risk control systems and AI models, it prevented $6.69 billion in risky funds and reduced the success rate of phishing attacks to 0.4%. Binance also reportedly holds 29 different compliance and security certifications worldwide, and its compliance team consists of 1,280 people.
*This is not investment advice.
