Quick overview
- Binance became the first exchange authorized under the FSRA framework of the Abu Dhabi Global Market in 2025.
- The platform surpassed 300 million registered users and processed $34 billion in trading volume, including over $7.1 billion in spot trading.
- Binance significantly improved security, reducing exposure to illicit funds by 96% and preventing potential losses of $6.69 billion from fraud.
- Binance Alpha 2.0 was launched, attracting 17 million users and surpassing $1 billion in trading volume while distributing 782 million rewards.
Binance became the first exchange authorized under the regulatory framework of the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).
The company surpassed 300 million registered users and processed $34 billion in trading volume across all products, including more than $7.1 billion in spot trading volume, according to its annual State of the Blockchain Report 2025.
The report highlights key data and growth metrics across regulation, liquidity, institutional adoption, Web3 discovery, user protection, and the everyday use of cryptocurrencies.
“2025 was a pivotal year in which Binance achieved milestones across the board. Growth in our user base, record liquidity, rising institutional participation, and the expansion of tools and payment solutions all reflect the growing trust in our ecosystem and our continued efforts to advance the mission of global monetary freedom at every step,” said Guilherme Nazar, Binance’s Regional Vice President for Latin America.
Binance in 2025: Key Figures
In 2025, Binance became the first exchange authorized under the FSRA framework of the Abu Dhabi Global Market, a regime that ensures strong governance, risk management, custody, clearing, and consumer protection, effectively aligning cryptocurrencies with traditional financial markets.
Cumulative historical trading volume reached $145 billion. The platform expanded its spot markets to 490 cryptocurrencies and 1,889 spot trading pairs, while futures coverage grew to 584 assets.
On security and trust, Binance has reduced direct exposure to major categories of illicit funds by 96% since 2023. In 2025 alone, Binance’s controls helped prevent potential losses from fraud and scams totaling $6.69 billion, protecting 5.4 million users.
Meanwhile, Binance Alpha 2.0 emerged as a core discovery platform fully integrated into the Binance experience, surpassing $1 billion in trading volume and attracting 17 million users in 2025. A total of 782 million rewards were distributed through 254 airdrops, while risk controls blocked 270,000 fraud attempts, ensuring rewards reached legitimate users.
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.
