Key Highlights:
- Binance hits 300M+ users with $34T total trading volume.
- Binance sees Web3 dominance sees 60%+ on-chain transactions via Binance Wallet.
- Security stronghold verifies $162.8B PoR assets.
Binance, the world’s largest cryptocurrency exchange, closed the year 2025 with a strong joint open letter from Co-CEOs Yi He and Richard Teng. The letter, which highlights that the exchange’s global user base has hit 300 million, points towards the major growth during a more mature crypto market.
The letter has been titled as “Crossing Hills, Hand in Hand Through the Sea of People,” and it highlights Binance’s role as a trusted “path builder” for users moving through the fast-changing digital asset markets.
The platform reported an impressive total trading volume of about $34 trillion for 2025, which indicates a strong activity across the retail and institutional users.
Retail trading volume jumped 125% year-over-year, pushed by wider use among everyday investors. Institutional trading volume rose a little steadier which was 21% YoY, indicating a continued trust from professional players like hedge funds and family offices.
On most trading days, Binance has handled nearly half of global spot trading volume for Bitcoin (BTC) and Ethereum (ETH), which has strengthened its role as the main source of the crypto liquidity.
This leadership comes at a time in the industry when clearer rules in major markets like the EU and US have encouraged institutional money. Binance’s size offers unmatched depth, allowing tighter spreads and quicker trades even during periods of high market volatility.
💛致全球 3 亿同行者：穿越山丘，携手人海
在 2025 年即将结束之际，币安联席CEO @heyibinance 和 @_RichardTeng 写给全球超3亿用户的一封公开信。
2025 年，币安平台总产品交易量达到 34 万亿美元，通过PoR公开验证的用户资产余额达 1628 亿美元。… pic.twitter.com/0i94A8jX49
— 币安Binance华语 (@binancezh) December 31, 2025
Web3 Ecosystem Thrives with Wallet and Alpha 2.0 Leadership
Binance’s move into Web3 stood out clearly in 2025. The letter shared that more than 60% of regular on-chain transactions now pass through the Binance Wallet, giving users easy self-custody and access to DeFi services. This shows how well the wallet works with major blockchains, from Ethereum Layer 2 networks to Solana, making it a simple entry point for everyday users to get started with crypto.
Alpha 2.0, Binance’s advanced decentralized trading platform, crossed a total trading volume of over $1 trillion. Around 17 million users took part, trading perpetual futures, spot assets, and earning yields without middlemen.
These numbers show how the exchange has grown from being only a centralized exchange to a mixed model that combines the stability of a CEX with the freedom and innovation of DeFi.
Proof of Reserves and Risk Controls Bolster
Transparency is still one of the most important parts of how the exchange operates. The platform’s Proof-of-Reserves (PoR) check showed user assets of more than $162.8 billion, with real-time reviews confirming that all the customer funds are backed one-to-one. This is higher than in previous years and matches the rise in user deposits during the recent market upswing.
On the security side, the exchange has blocked around $6.69 billion in risky funds over the past year using advanced risk controls and AI-based systems.
These tools quickly figured out issues such as fake trading, money-laundering attempts and insider risks, which stopped potential losses before they happened.
At a time when small exchanges are facing more hacks, the exchange’s active approach has helped it build trust with both users and regulators.
Looking Ahead: Gratitude and Unwavering Commitment
The letter then ends with a thank you note to their users who showed their continued support, helped the exchange reach their target of 300 million users. For 2026, the exchange promises to keep the innovation within the space strong and come up with better Web3 tools and stronger global compliance.
With Bitcoin and Ethereum volumes leading worldwide trading, Binance aims to drive the next phase of crypto adoption which includes real-world asset tokens and AI-powered trading.
Also Read: Binance Founder ‘CZ’ Refused President’s Listing Request
