TLDR:
- Cryptocurrency exchanges recorded a mixed buying and selling quantity of $79 trillion in 2025.
- Perpetual futures buying and selling dominated the market with $61.8 trillion.
- Binance led the sector, capturing 41% of the spot market and 42% of Bitcoin futures.
The most recent report from CryptoQuant revealed that in 2025, mixed crypto buying and selling quantity throughout main exchanges reached an unprecedented $79 trillion.
2025 crypto change exercise in overview.
Spot quantity reached $18.6T (+9% YoY) whereas perpetuals surged to $61.7T (+29%), with Binance dominating spot, BTC perps, liquidity, and reserves.
Development is derivative-led, and market energy continues to pay attention on the prime. pic.twitter.com/Om8udJJ9Qv
— CryptoQuant.com (@cryptoquant_com) January 12, 2026
The first driver of this development was the derivatives sector, with perpetual futures producing roughly $61.8 trillion—a 29% enhance in comparison with 2024.
In the meantime, spot buying and selling additionally confirmed an upward trajectory, accumulating $18.6 trillion, up 9% from the earlier 12 months.
This strong crypto buying and selling quantity demonstrates that, past mere hypothesis, a more and more strong institutional infrastructure is rising. Buyers centered their exercise on main property comparable to Ethereum (ETH), XRP, Solana (SOL), and, in fact, Bitcoin, using these platforms as world liquidity hubs.

Binance’s Dominance and the Surge in Perpetual Futures
Throughout 2025, Binance remained the undisputed chief of the sector. The change dealt with 41% of the spot quantity among the many prime ten centralized exchanges (CEX) and was chargeable for $25.4 trillion in Bitcoin perpetual futures contracts.
Along with main in crypto buying and selling quantity, the agency strengthened its safety place by custodying 72% of stablecoin reserves (USDT and USDC) amongst main opponents, totaling $47.6 billion on its steadiness sheets. Looking forward to 2026, the outlook for crypto buying and selling quantity stays extremely optimistic.
The implementation of the GENIUS Act and the anticipated approval of the CLARITY Act in the US promise a extra clear regulatory framework.
This state of affairs will make it simpler for institutional buyers to extend their capital allocations, leveraging the maturity of exchanges like Binance and Bybit to channel funding flows into more and more subtle and controlled monetary merchandise.
In abstract, the ecosystem is getting ready for a brand new enlargement cycle supported by legislative foundations and unprecedented market liquidity.