Cryptocurrency exchange Binance records trade volume exceeding $100 trillion, further strengthening its position in a sluggish digital currency market.
In the dynamic world of cryptocurrency trading, Binance has emerged as the dominant player, surpassing an unprecedented milestone of $100 trillion in lifetime trading volume. This achievement is primarily due to its massive trading volume, strong liquidity infrastructure, wide token listings, diverse derivative products, and institutional demand.
Binance's market share and trading volume have been on the rise. In July 2025, the platform captured nearly 40% of the global crypto spot market, with a monthly volume of $698.3 billion, marking a 61.4% increase from June. Binance led new token listings in 2025, accounting for $133 billion volume and 34% market share, reflecting strong trader demand and liquidity for new assets.
The exchange's ability to list a broad range of tokens quickly attracts both retail and institutional traders. Its liquidity supports high-volume trading and reduces slippage, maintaining its first-mover advantage despite competitors increasingly fragmenting market share.
Binance's derivatives trading, especially ETH perpetual futures, constitutes a significant share of activity, accounting for over 25% of the total volumes. Rising open interest in derivatives boosted trading demand and volumes.
Institutional buying, aggressive token-buying strategies, and whale accumulation have driven demand for Binance Coin (BNB) and the platform overall. Binance's reserves of Bitcoin increased during price surges, signaling significant institutional and whale involvement.
Binance connects centralized exchange (CEX) activities with decentralized trading, capturing diverse user segments and maintaining strong market relevance despite regulatory shifts and emerging decentralized platforms.
In Q1 2025, Binance's total spot market share stood at 45%, with its spot market share for BTC increasing from 33% to 49%. For altcoins, the spot market share rose from 38% to 44%.
The exchange recorded $21.6B in user deposits in 2024, surpassing the combined deposits of the next 10 exchanges. When a peer exchange suffered a $1.4B hack in February 2025, net inflows to Binance reached $3.97B in just one week. The average BTC deposit on Binance rose from 0.36 BTC to 1.65 BTC.
During high-volatility events in Q1 2025, Binance processed more volume than all competitors combined. The institutional user base of Binance grew by 97% in 2024.
As crypto matures, the "flight to quality" increasingly has Binance as its only destination. With 270M+ users as of April 2025 and a $1B emergency buffer (SAFU fund) in place, Binance remains the constant in every market phase. The average USDT deposit on Binance jumped from $19.6K to $230K, underscoring the platform's growing appeal.
[1] Binance Research. (2025). Binance Q1 2025 Report. Retrieved from https://research.binance.com/en/reports/binance-q1-2025-report [2] The Block. (2025). Binance captures 40% of global crypto spot market in July. Retrieved from https://www.theblockcrypto.com/post/91863/binance-captures-40-of-global-crypto-spot-market-in-july [3] CoinDesk. (2025). Binance's derivatives market dominance grows. Retrieved from https://www.coindesk.com/markets/2025/06/10/binances-derivatives-market-dominance-grows/ [4] Coindesk. (2025). Binance institutional investor base surges. Retrieved from https://www.coindesk.com/markets/2024/12/15/binances-institutional-investor-base-surges/
- Binance's dominance in the crypto market extends to investing and technology, as they lead new token listings in 2025, accounting for $133 billion volume and 34% market share, demonstrating strong trader demand for innovative digital assets.
- In response to the maturing crypto market, Binance's strategic approach to finance and technology has attracted institutional buyers, resulting in a surge in the platform's institutional user base by 97% in 2024.
