Binance, one of the world’s largest cryptocurrency exchanges, has released its year-end open letter regarding the year 2025.
The letter states that the platform’s global user base has exceeded 300 million and its total annual trading volume has reached $34 trillion.
According to data shared by Binance, on average, one in 27 people in the world is a cryptocurrency user today. The company noted that the crypto ecosystem is growing rapidly from a niche market to everyday use cases.
The total trading volume on Binance throughout 2025 was recorded at $34 trillion. The exchange reported that individual investor trading volume increased 125% year-over-year, while institutional trading volume increased 21%. It was also noted that on most trading days, approximately half of the global trading volume of Bitcoin (BTC) and Ethereum (ETH) occurs through the Binance platform.
The open letter also highlighted Binance’s growth in Web3 business. According to the letter, more than 60% of main on-chain transactions last year were made through Binance Wallet. The Alpha 2.0 product has generated over $1 trillion in trading 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) reached $162.8 billion. The company said that over the past year, thanks to its risk control systems and AI models, it avoided $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 numbers 1,280 people.
*This does not constitute investment advice.