Binance Releases 2025 Joint CEO Open Letter: Global Users Exceed 300 Million, Annual Trading Volume Reaches $34 Trillion
According to official news, Binance released its 2025 year-end open letter from the joint CEO on December 31, revealing that its global user base has exceeded 300 million. The open letter points out that currently, on average, 1 in every 27 people globally uses crypto assets, and the industry is transitioning from a niche phase to broader everyday applications.
In terms of business data, Binance stated that the total product trading volume on the platform reached $34 trillion in 2025. Among this, retail-led trading volume grew by 125% year-on-year, while institutional trading volume increased by 21% year-on-year. On most trading days, nearly half of the global BTC and ETH trading volume occurred on the Binance platform.
Binance also disclosed that its Web3 business continues to grow. In the past year, over 60% of mainstream on-chain transactions were completed through the Binance wallet, and the Alpha 2.0 product has cumulatively handled over $1 trillion in trading volume, with 17 million users participating in on-chain project exploration and receiving approximately $780 million in airdrop rewards.
In terms of compliance and security, Binance stated that user asset balances verified through Proof of Reserves (PoR) have reached $162.8 billion. In the past year, the platform intercepted risk funds of $6.69 billion through risk control and AI models, reducing the success rate of phishing attacks to 0.4%. Additionally, Binance has currently obtained 29 compliance and security certifications globally, with a compliance team size of 1,280 people.