Binance Exchange Statistics 2026: Volume, Users, Market Share

Binance carried more than 323 million registered users across over 100 countries into the second half of 2026. That base equals roughly 43% of all crypto holders worldwide. Cumulative volume across every product on the platform now stands at $156.4 trillion, with roughly $11.4 trillion added in the first half of 2026 alone.

Order-book data carries more signal than the headline Binance exchange statistics. Binance held 44.0% of two-sided BTC order-book depth within 1% of the mid-price in H1 2026 while carrying a 26.6% share of derivatives volume across the same period, per CoinGlass. Depth share running well ahead of flow share is the part of the franchise rivals have found hardest to copy.

Key Takeaways

• Binance’s monthly share of derivatives volume climbed from 24.1% in January to 28.3% in June, even as market-wide derivatives volume fell 15.7% from $41.60 trillion in H1 2025, according to CoinGlass.
• The exchange holds a 21.3% share of open interest, while CME accounts for 4.1% of volume and 12.0% of open interest, approximately 3 times the former.
• Customer balances are heavily concentrated: Binance reported approximately $150.21 billion in average daily user assets, or 64.4% of the 16-exchange sample.
• Spot remains the least concentrated segment, with Binance at 32.26% and Bybit next at 9.19%, per TokenInsight.
• Traditional-finance perpetuals scaled fast, growing from $52 billion in monthly volume in January to $268 billion in June.
• Professional money grew faster than the crowd: institutional users rose 9% in H1 2026 against roughly 7% growth in the overall registered base.

Editor’s Choice

• Registered users: more than 323 million across over 100 countries.
• Lifetime trading volume: $156.4 trillion across all products.
• H1 2026 derivatives volume: $9.34 trillion, a 26.6% share of the market.
• Tracked on-chain assets: $168.481 billion held across supported chains, per DefiLlama.
• Average daily open interest: $24.01 billion, a 21.3% share.
• Q2 2026 total market share: 35.34%, up from 32.77% in Q1.
• Live spot volume: $10,120,787,003 over 24 hours, a 24.6% share.

Binance Exchange Statistics: User Base and Registered Accounts

• Binance reached more than 323 million registered users across over 100 countries at its ninth anniversary.
• The registered base grew roughly 7% in H1 2026 alone.
• Global crypto ownership exceeds 741 million people, against fewer than 6 million when Binance launched in July 2017.
• That expansion represents growth of more than 12,000% in under a decade.
• Market access widened as well, with 11% more coins added in H1 2026.

Source: Binance ninth-anniversary release, July 2026

The composition of that growth matters more than its size. Institutional users grew 9% over the first half of 2026. Allocation behaviour in that cohort tracks the crypto hedge fund data governing allocation cycles rather than retail sentiment. Our 80-plus statistics pages tell a consistent story that price charts do not: adoption metrics keep climbing through weak markets, and a user base that large only matters once it trades.

About This Data

Figures are compiled from 13 sources spanning December 2025 to September 2026: 5 Tier 1 (ADGM, the FCA, and DefiLlama’s chain and exchange dashboards) and 8 Tier 2 (Binance’s anniversary release, the CoinGlass H1 2026 derivatives report, the TokenInsight Q2 2026 exchange report, CoinGecko). Only regulator announcements, company-published figures, and platforms that disclose samples and methods are qualified.

Don't chase the news. Let us curate it.

You get one weekly briefing with only the stories that matter. If the market is quiet, we skip it.

Email address

Get the Weekly Briefing - it's free!

Read by pros at Visa, Mastercard, Vanguard, and the FDIC.

Binance Trading Volume

• Binance has processed $156.4 trillion in all-time trading volume since launch.
• The platform added roughly $11.4 trillion in the first half of 2026, a 7.8% increase from year-end 2025.
• Binance recorded approximately $5.85 trillion in total trading volume in Q2 2026.
• Market-wide derivatives turnover was $35.08 trillion in H1 2026, averaging $193.8 billion per day.
• Live spot activity on CoinGecko sits at $10,120,787,003 over 24 hours, a 24.6% share of tracked spot markets.

Everything that follows sits against this monthly path. Volume fell to an interim low of $5.29 trillion in April before recovering to $5.66 trillion in June. A market that shrank for four months and then steadied is the backdrop against which Binance gained share, which is a different story from growing alongside a rising tide.

Recent Developments

• 14 July 2026: Binance marked its ninth anniversary with more than 323 million registered users.
• Q2 2026: Binance’s total market share rose from 32.77% to 35.34%, the largest quarterly gain among tracked exchanges.
• June 2026: TradFi perpetuals monthly volume reached $268 billion, up from $52 billion in January.
• June 2026: Binance’s monthly derivatives share reached 28.3%, up from 24.1% in January.
• June 2026: Direct stocks launched and reached $1 billion in assets under management within 30 days.
• 30 June 2026: The FCA published its final cryptoasset rules and guidance, covering firms authorised under the incoming UK regime.

Binance Derivatives Market Share

• Across H1 2026, Binance ranked first with $9.34 trillion in derivatives volume and a 26.6% share.
• OKX followed with $4.19 trillion and an 11.9% share, so the two together accounted for 38.6%.
• Concentration tightened over the half, as the fixed top-10 cohort’s combined monthly share rose from 79.7% in January to 82.3% in June.
• Binance’s own monthly share moved from 24.1% to 28.3% across the same window.
• On a quarterly view, Binance held 36.48% of derivatives volume in Q2 2026 against OKX at 16.42%.

By the numbers: CoinGlass put market-wide derivatives volume at $35.08 trillion in H1 2026, down 15.7% year over year, while Binance’s monthly share rose from 24.1% to 28.3%. Share consolidated during a contraction rather than an expansion, which is the harder version of the same result.

The OKX gap is the structural feature here, and it widened in a falling market. Most coverage read the 2026 slowdown as falling volumes. Laid out as a table, the same period reads as consolidation, with the podium stable and the field behind it interchangeable.

What are the top 3 crypto exchanges?

Binance ranked first in H1 derivatives volume with $9.34 trillion, followed by OKX with $4.19 trillion and Bybit with $2.72 trillion. The ranking is tighter below that line, since MEXC recorded $2.70 trillion and Gate $2.53 trillion, so a single strong month reorders the places behind the leaders.

Binance Spot Market Share

• Binance led spot trading with a 32.26% share in Q2 2026.
• The field behind it stays fragmented, with Bybit at 9.19%, Gate at 8.01% and OKX at 7.08%.
• Spot activity rebounded, from $3.3 trillion to $4.5 trillion between Q1 and Q2 2026.
• Derivatives fell to 73% of total market volume, down from 82% in Q1.
• CoinGecko’s live snapshot puts Binance at a 24.6% share of tracked spot volume with a 10/10 Trust Score.

Spot is where the wider crypto exchange market share data shows real competition surviving. A leader at roughly a third and a runner-up under a tenth describes one anchor tenant and a long parade of smaller ones.

Binance Open Interest and Position Structure

• Binance led average daily open interest at $24.01 billion, a 21.3% share.
• CME ranked second at $13.55 billion and a 12.0% share.
• The two metrics diverge sharply, since CME accounted for 4.1% of volume but 12.0% of open interest, roughly 3 times the former.
• Binance sits on the other side of that split, since its 26.6% share of derivatives volume runs ahead of its open-interest share.
• Market-wide, average daily open interest was $112.7 billion in H1 2026, down 10.0% year over year.

Worth noting: CME carries 12.0% of average daily open interest on 4.1% of volume, while Binance carries 21.3% of open interest on 26.6% of volume. The two venues are running opposite books: one holds positions, the other turns them over, and neither figure alone describes who dominates.

Reading volume share as a proxy for market power misses this. Position data says who trades; reserve data says who holds.

Binance Proof of Reserves and User Assets

• Binance reported approximately $150.21 billion in average daily user assets, or 64.4% of the sample.
• The 16 sample exchanges reported combined average daily user assets of approximately $233.34 billion.
• Concentration is extreme at the top, with the top 10 accounting for 97.7% and the top 5 for 87.6%.
• The nearest competitors are far behind: OKX at $19.56 billion and Bitfinex at $18.65 billion, or 8.4% and 8.0%.
• DefiLlama independently tracks $168.481 billion in Binance on-chain assets.

The CoinGlass user-assets average and the DefiLlama on-chain snapshot measure Binance’s asset base on different bases rather than the same quantity twice, which is the practical case for Proof of Reserves as a discipline. Custody scale is one measure of trust. Executable liquidity is another, and less flattering to the field.

Binance Order Book Liquidity Depth

• Binance held $236 million of two-sided BTC depth within 1% of the mid-price, or 44.0%.
• OKX ranked second with $112 million and a 20.8% share, taking the two to 64.8% combined.
• ETH depth spreads more evenly, with Binance first at $109 million and a 28.7% share.
• Across the five venues measured, aggregate ETH depth was approximately $381 million, below BTC’s $537 million.
• The top two venues in ETH accounted for a combined 50.1%, 14.8 percentage points below BTC.

Depth is what a large order actually meets, and the gap here is wider than any volume table suggests. Anyone sizing a position against Bitcoin market data is really sizing it against these five books. A 44.0% depth share on a 26.6% volume share is the clearest evidence in the dataset that Binance’s advantage is execution quality rather than raw turnover.

The takeaway: CoinGlass measured $236 million of two-sided BTC depth within 1% of mid on Binance against $112 million on OKX, with the pair holding 64.8% between them. Executable size for a large Bitcoin order therefore concentrates on two venues, whatever the volume rankings elsewhere suggest.

Binance TradFi Perpetuals and Tokenized Stocks

• TradFi perpetuals grew from $52 billion in monthly volume in January to $268 billion in June 2026.
• Binance led the segment with about a 60% share and $380 billion in quarterly trading volume.
• In equity perpetuals specifically, Binance expanded its share to 63.0%.
• Direct stocks reached $1 billion in assets under management within 30 days of its June 2026 launch, alongside over $3 billion in cumulative trading volume.
• bStocks crossed $100 million in AUM within 2 weeks, with 47% of volume taking place outside U.S. market hours.

Source: Binance ninth-anniversary release, July 2026; TokenInsight Crypto Exchange Report, Q2 2026

Round-the-clock settlement is the mechanism, and it echoes the always-on rails visible in Apple Pay vs Google Pay data rather than anything native to exchange trading. The plumbing underneath resembles the financial API data that banks have spent a decade standardising. Almost half of tokenized-equity volume printing outside U.S. hours points to demand for access while the incumbent venue is closed.

Binance On-Chain Assets by Blockchain

• DefiLlama tracks $168.481 billion in total Binance on-chain assets.
• Ethereum carries the largest share at $69.669 billion, ahead of Bitcoin at $50.211 billion.
• BNB Smart Chain holds $29.933 billion, the third-largest balance.
• Smaller balances follow, with Solana at $6.996 billion and XRPL at $3.451 billion.
• Long-tail settlement layers include Tron at $1.916 billion and Doge at $1.695 billion.

Ethereum outweighing Bitcoin on a crypto exchange’s balance sheet reflects how much collateral now moves as tokens rather than as coins, a pattern the NFT market data made visible years before stablecoins scaled. The third chain on that list is one Binance helped start, so its share measures the company’s own ecosystem as much as customer preference.

BNB Smart Chain Activity

• BNB Smart Chain held $5.724 billion in total value locked in DeFi.
• Stablecoins on the chain totalled $13.293 billion, with USDT dominance at 69.07%.
• Tokenized real-world assets reached an active market cap of $4.709 billion.
• Decentralised exchange turnover ran at $1.404 billion over 24 hours and $8.986 billion over 7 days.
• The chain generated $1.08 million in fees over 24 hours and $107,609 in revenue.

Source: DefiLlama BSC chain dashboard, September 2026

Stablecoins outweighing locked value by more than two to one puts BSC closer to a settlement rail than a yield venue, which is consistent with the way stablecoin market capitalization has distributed across chains. The chain remains one of the larger Web3 execution environments by transaction count. Scale of that kind now runs through named regulators rather than around them.

Binance Regulatory Status and Licensing

• The Financial Services Regulatory Authority of ADGM has formally approved the authorisation of Binance’s global platform, Binance.com.
• The approval runs through three separate regulated entities operating within ADGM: an Exchange, a Clearing House, and a Broker Dealer.
• Binance describes the outcome as a landmark regulatory achievement, with each entity holding distinct permissions.
• In the United Kingdom, the FCA published its final rules and guidance on 30 June 2026.
• Those rules apply to all cryptoasset firms granted permission to operate under FSMA on or after 25 October 2027.

Source: ADGM Financial Services Regulatory Authority announcement, December 2025

The ADGM authorisation splits trading, clearing and broking into separate legal entities, the structure conventional market infrastructure has long used.

The FCA’s incoming cryptoasset regime applies the same logic on a longer timetable, and the EU’s MiCA framework reached that point earlier. Three jurisdictions converging on entity separation suggests the licensing question for large exchanges has moved from whether to how.

Is Binance the largest crypto exchange in the world?

Binance leads every measure in the current dataset. It ranked first in H1 2026 derivatives volume at $9.34 trillion, a 26.6% share; first in spot at 32.26% in Q2 2026; and first in customer balances at approximately $150.21 billion in average daily user assets.

That lead widened rather than narrowed through a weak market. Binance’s total market share rose from 32.77% to 35.34% in Q2 2026, the largest quarterly gain among tracked exchanges, while industry-wide volume fell 8% quarter over quarter to $16.5 trillion.

Is Binance bigger than Coinbase?

Binance is substantially larger than Coinbase on trading volume. Across H1 2026, Coinbase recorded between $1.29 trillion and $1.31 trillion in derivatives volume, an approximately 3.7% share, against Binance’s $9.34 trillion and 26.6%. On a whole-market basis, Coinbase held 1.62% of tracked exchange volume in Q2 2026.

The comparison flatters neither venue on its own terms, since the two serve different regulatory perimeters. Readers weighing the two side by side will find the fuller picture in our Coinbase exchange statistics.

Conclusion

Binance closed the first half of this year with more than 323 million registered users and $156.4 trillion in lifetime volume, while holding approximately 64.4% of the average daily user assets reported across a 16-exchange proof-of-reserves sample. Those figures grew during a contraction: market-wide derivatives volume fell 15.7% year over year, and Binance still added share in every segment measured.

The figure worth carrying forward is the depth number rather than the user count. Holding 44.0% of BTC book depth on a 26.6% volume share means large orders keep routing to Binance for reasons unrelated to marketing, and that gap is the hardest thing here for a rival to close. Traders, treasurers, and regulators are reading the same fact from different angles.