Binance, one of the world’s largest cryptocurrency exchanges, has published its annual review report for the year 2025.
According to the report, the platform’s total trading volume across all products reached $34 trillion in 2025. Spot market trading volume exceeded $7.1 trillion, while Binance’s cumulative total trading volume since its inception was recorded at $145 trillion.
The report added that the Binance ecosystem experienced a significant expansion in product diversity and user engagement. The number of tokens listed on the spot market increased to 490, and the number of spot trading pairs rose to 1,889. In the futures market, coverage reached 584 tokens.
Binance Alpha 2.0, Binance’s project discovery and engagement product, was one of the platform’s standout components throughout 2025. Total trading volume on Alpha 2.0 exceeded $1 trillion, and the product brought 17 million users into the ecosystem. A total of $782 million in rewards were distributed to users through 254 airdrop events held throughout the year.
The report also stated that, in order to protect the integrity of the system, 270,000 malicious reward participants were identified and blocked, thus ensuring that rewards were distributed fairly among legitimate users.
Binance announced that it prevented potential user losses amounting to $6.69 billion in 2025 due to potential fraud attempts. During the same period, the platform processed over 71,000 requests from law enforcement, helping to seize approximately $131 million worth of illicit funds.
Binance stated that following its 2025 performance, it aims to make a strong start to 2026 by focusing on further increasing product diversity, security measures, and user engagement.
*This is not investment advice.


