The total capital of users on the cryptocurrency exchange Binance has exceeded $1.17 trillion. This is an absolute record for the platform and is 31% higher compared to the results of 2024. By this measure, Binance significantly outpaces its closest competitors, including Coinbase, which ranks second with $946 billion.
This is reported by Finway
Growth of Derivatives and Futures Trading
The trading volume of derivatives on Binance in 2025 reached $24.6 trillion, while in 2024 it was $21.2 trillion. This is nearly 2.2 times more than on the OKX platform, which recorded $10.9 trillion. The number of perpetual contract trades increased to 49.6 billion, which is 33% higher than last year’s figure and almost three times more than in 2022. This growth indicates significant trader activity and a high level of user engagement on the platform.
Spot Trading and Market Dynamics
The spot trading volume on Binance amounts to $6.82 trillion, which is nearly five times higher than the corresponding figure for Bybit ($1.4 trillion). The number of spot trades reached 24.1 billion, demonstrating a 4% increase compared to the previous year and tripling the volumes of 2022. These results underscore Binance’s leading position in the cryptocurrency market in terms of liquidity and user engagement.
“The market dynamics of Binance have a powerful industry effect, creating a self-reinforcing cycle: deep markets attract users, users increase volumes and inflows, and the growth of depth and price efficiency enhances liquidity and pricing processes across the entire crypto industry,” Binance emphasized.