Binance Achieves Record Growth in Trading and Compliance

TLDR

• Binance's trading volume reached $34 trillion in 2025.
• User base surpassed 300 million registered users.
• Binance processed over 71,000 law-enforcement requests.

Binance has posted record growth in trading, payments, and compliance in 2025. These findings are highlighted in Binance’s "State of the Blockchain 2025" materials, emphasizing the organization's role as a leading platform in the cryptocurrency space.

The data from Binance shows substantial achievements, including a trading volume of $34 trillion and a spot volume exceeding $7.1 trillion. Binance has also reported an 18% increase in average daily trading volume. This performance solidifies Binance's position as a primary venue for global crypto liquidity.

Growth in Payments and User Numbers

In the realm of payments, Binance has demonstrated a 38% year-on-year increase in fiat and P2P volume. Furthermore, the number of Binance Pay users has expanded by 30% year-on-year. The platform now boasts coverage of over 20 million merchants.

In terms of user numbers, Binance surpassed 300 million registered users. This milestone is coupled with enhanced compliance measures and notable regulatory certifications which emphasize the company’s commitment to security and governance.

Compliance and Regulatory Milestones

Binance has made significant strides in compliance, with its exposure to major categories of illicit funds reportedly declining by 96% since 2023. The company processed over 71,000 law-enforcement requests and confiscated approximately $131 million tied to illegal activities in 2025.

A notable regulatory achievement for Binance in 2025 was obtaining full authorization under the Abu Dhabi Global Market (ADGM). This authorization is presented by Binance as a key milestone, symbolizing a new era of regulated operations for the company.

Institutional Trading Developments

Institutional trading appears robust, with a 21% year-on-year increase in institutional trading volume. The VIP client base expanded by 18%, and OTC fiat volumes increased by 210% year-on-year. Binance emphasizes structural drivers such as institutional adoption and tokenized collateral.

Catherine Chen, Head of Binance VIP & Institutional, noted that the platform's touchpoints transform institutions from mere clients into co-architects of Binance's roadmap, enhancing collaboration on future developments.

Tokens and Market Activity Highlights

The Binance platform has been actively trading core assets like Bitcoin and Ethereum, reportedly handling between one-third and nearly half of all global trading for these cryptocurrencies. The Binance Wallet handled more than 60% of mainstream on-chain transactions in 2025.

The list of traded assets has grown, with 490 coins and 1,889 trading pairs available for spot trading by the end of 2025. Futures trading included 584 assets, marking a 56% year-on-year increase. Binance's focus remains on providing comprehensive trading options across various asset categories.

Web3 and Airdrop Initiatives

Yi He, Co-CEO of Binance, highlighted Binance's role in Web3 discovery through Alpha 2.0, which exceeded $1 trillion in trading volume and drew 17 million users. It distributed $782 million in rewards through 254 airdrop campaigns.

Fraud prevention was a key focus, with Binance's risk controls blocking 270,000 fraudulent airdrop participation attempts. The emphasis on security complements Binance's strategic initiatives to integrate on-chain and off-chain products.