The cryptocurrency exchange Binance retains its dominant position among centralized platforms, controlling a significant share of Bitcoin and Ethereum flows while record-setting its stablecoin reserves.
This is reported by Finway
Binance Strengthens Its Influence in the Bitcoin and Ethereum Markets
Analysts indicate that Binance holds a leading position among centralized exchanges, controlling one-third of the total Bitcoin and Ethereum flow. As of November 2025, the daily volume of these flows on the exchange reached $15 billion out of a total of $40 billion in the market, allowing Binance to confidently outpace competitors, including Coinbase, which accounted for $11 billion.
Moreover, Binance firmly maintains its leadership in both spot and futures trading volumes. Amid a general decline in market activity, where spot volumes fell to $65 billion and futures to $170 billion, Binance recorded $25 billion in spot transactions. This is nearly five times higher than the nearest competitor, Crypto.com, which reported $4.6 billion in turnover. In the futures market, Binance also leads with $62 billion, almost double the figure for OKX ($36 billion).
Record Stablecoin Reserves and Increasing Liquidity
Binance significantly outpaces other players in terms of stablecoin reserves. The total reserve volume on the platform reached $51.1 billion, which is five times more than OKX, which holds around $10 billion. In October 2025 alone, Binance attracted over $60 billion in new stablecoin inflows, substantially exceeding Coinbase’s figure of $33 billion.
In November, the trend continued: Binance recorded $29 billion in inflows in USDT and USDC, while Coinbase saw $19 billion. According to the company, this reflects investor confidence in the platform’s liquidity even during periods of market uncertainty.
“The company’s share in the flows of key cryptocurrencies has strengthened trust among both institutional and retail market participants, representatives of the exchange are confident.”
Over the past month, Binance also showed the largest increase in stablecoin reserves among centralized exchanges: the 30-day growth reached $8.9 billion as of November 5, the highest figure since the beginning of 2025. In comparison, Bybit and OKX demonstrated much lower growth during the same period, further highlighting Binance’s high liquidity level.
Thus, Binance not only maintains its market leadership but also continues to strengthen its financial power by attracting new funds and ensuring stability even during market volatility.