Binance Co-CEOs Report $34 Trillion Trading Volume in 2025

Binance co-CEOs Yi He and Richard Teng released an annual open letter revealing Binance’s trading volume reached $34 trillion and user assets verified at $162.8 billion in 2025.

This reflects Binance’s robust growth and evolving market dynamics, impacting institutional trading and compliance, setting a foundation for 2026’s anticipated expansion driven by novel financial applications.

Binance Achieves $34 Trillion Trading Volume in 2025

Yi He and Richard Teng’s leadership has been pivotal as Binance reported exceptionally high trading volumes and user growth in 2025. With a total of $34 trillion in trading volume and over 300 million users, the annual letter underscores the platform’s global reach and financial influence.

The co-CEOs emphasized a consistent focus on compliance and security, recovering $11.7 million stolen in 2025. Institutional trading volumes rose by 21% year-on-year, showing a strong interest in crypto from major financial entities.

Industry reactions are positive, with Binance playing a critical role in massive on-chain transactions. Yi He and Teng set directions for 2026, projecting growth fueled by sovereign-grade funding efforts.

Richard Teng, Co-CEO of Binance, remarked, “Yi He is a cornerstone of Binance from day one,” praising her leadership, strategic thinking, and shared vision for “supporting the freedom of money.” This praise was expressed during a CEO Connect AMA on Binance Square.

Bitcoin Hits $88,847 as Binance Leverages Compliance for Growth

Did you know? In 2025, Binance handled over 60% of mainstream on-chain transactions, reflecting a shift towards integrated crypto services for enhanced user experience compared to previous years.

Bitcoin (BTC) showed a slight increase in price to $88,847.20 as of December 31, 2025, according to CoinMarketCap data. The leading cryptocurrency observed a 1.20% rise in the past 24 hours, with a market cap of $1.77 trillion, despite a 60-day decline of 19.25%.

Coincu’s analysis suggests potential growth in Binance’s user base, driven by regulatory clarity in multiple jurisdictions. The focus on compliance may spearhead to further innovations in blockchain infrastructure.