- Binance processed about $34T in 2025 trading volume, with retail activity up 125% and institutional trading growing 21% year over year.
- Web3 usage scaled as Binance Wallet handled over 60% of major on-chain flows and Alpha 2.0 topped $1T in volume.
- Binance held $162.8B in verified user assets, expanded global compliance, and cut exposure to illicit flows by 96%.
Binance reported that its global user base surpassed 300 million in 2025, according to its annual letter. The update detailed trading activity, Web3 usage, and custody figures across its platform. The disclosure reflects how retail, institutional, and on-chain activity converged on Binance throughout the year.
Retail and Institutional Trading Activity Expands
According to Binance, total trading volume reached about $34 trillion in 2025. Notably, retail trading volume increased 125% year over year. At the same time, institutional trading activity grew 21% during the same period.
Binance stated that nearly half of global Bitcoin and Ethereum trading volume occurred on its platform on most days. However, this activity reflected both retail and professional participation. A Binance survey showed 30% of global professional investors already hold digital assets, while 40% plan to invest within a year.
As trading volumes rose, Binance said liquidity consistently concentrated on its exchange. Consequently, the platform processed some of the largest daily BTC and ETH volumes globally during 2025.
Web3 Usage and On-Chain Activity Scales Up
Beyond centralized trading, Binance highlighted strong Web3 adoption. According to the company, over 60% of major on-chain transactions flowed through Binance Wallet. This activity connected decentralized applications with exchange-based users.
Binance also reported growth from Alpha 2.0, which integrated Web3 features directly into the exchange. Notably, Alpha 2.0 processed more than $1 trillion in volume during 2025. The product attracted 17 million users and distributed $782 million in airdrop rewards.
As a result, Binance said the boundary between on-chain and off-chain activity narrowed. Users increasingly moved between wallets, trading, and Web3 tools within a single platform.
Custody, Compliance, and Asset Protection Measures
Alongside growth, Binance emphasized asset security and regulatory milestones. According to Proof of Reserves data, verified user assets totaled about $162.8 billion. Binance described itself as a major custodian of digital assets.
The company also secured authorization from Abu Dhabi’s Financial Services Regulatory Authority at ADGM. Additionally, Binance reported holding 29 global certifications, including ISO and SOC standards.
Binance stated that between 2023 and 2025, it reduced direct exposure to major illicit flow categories by 96%. Its systems intercepted $6.7 billion in potential fraud losses affecting 5.4 million users.
