In 2025, Binance continued operating at a very large scale. The platform reported $34 trillion in total trading volume across all products, including spot, derivatives, and institutional trading. Spot trading alone reached about $7.1 trillion.

#Binance also passed 300 million registered users globally. Even during periods when the broader crypto market was slow or uncertain, activity on the platform remained high, which suggests consistent usage rather than short-term speculation.

Regulatory Progress: Licensed Under ADGM

One of the most important developments was Binance receiving full regulatory authorization from Abu Dhabi Global Market (ADGM). This approval covers exchange operations, custody, governance, risk management, and consumer protection.

This matters because most institutions will not engage with crypto platforms unless they operate under clear regulatory frameworks. ADGM authorization puts Binance closer to the standards used in traditional financial markets and signals a long-term approach to compliance.

Trust and Safety: Measurable Outcomes

Binance shared several concrete figures related to compliance and user protection:

• Direct exposure to major illicit funds reduced by 96% since 2023

• $6.69 billion in potential scam and fraud losses prevented for around 5.4 million users in 2025

• More than 71,000 law-enforcement requests supported

• Around $131 million in illicit assets seized with assistance from Binance

• 160+ training sessions conducted with law-enforcement agencies

These numbers are presented as operational results rather than future goals.

Market Participation: Platform Activity

Other notable platform data from 2025:

• 490 coins and 1,889 spot trading pairs

• 584 assets supported in futures markets

• 300,000+ users used demo trading to practice without real funds

• The “Smart Money” feature reached 1.2 million subscribers

• Alpha 2.0 recorded over $1 trillion in trading volume and 17 million users

• Large numbers of fraudulent or abusive accounts were blocked from reward programs

This reflects an effort to balance access with controls as platform usage grows.

Institutional and Everyday Usage

Binance also reported growth outside of retail trading:

• Institutional participation increased year over year

• OTC fiat trading grew over 200%

• Fiat and P2P volumes increased by 38%

• Binance Pay users grew by 30%

• Merchant acceptance exceeded 20 million

• $1.2 billion distributed through Binance Earn products

These figures suggest Binance is positioning itself as a broader crypto services platform, not just a trading venue.

Straightforward Takeaway

If I had to sum this up simply:

Binance’s 2025 was focused on scale, regulation, and operational maturity. The platform handled large volumes, expanded regulatory coverage, and invested heavily in compliance and user protection. Growth was steady and measurable, not driven by short-term market excitement.

This kind of progress may attract less attention, but it aligns more closely with what regulators and institutions expect from long-term financial infrastructure.