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In 2024, Binance saw a total inflow of $21.6 billion, accounting for nearly 40% of the total inflow across the top ten exchanges.

2024-12-04 19:01

BlockBeats News, December 4th, according to DefiLlama's ranking, so far this year, based on registered users and trading volume, the user inflow of funds to the world's largest digital asset exchange platform Binance is nearly 40% higher than the sum of the next 10 cryptocurrency exchanges.


According to the platform's data, as of 2024, Binance's fund inflow is $21.6 billion, while the fund inflow of the following 10 exchanges is $15.9 billion (a 36% difference).


This year, global optimism about digital assets has been on the rise. With significant progress in regulations, increasing adoption, and prices reaching historic milestones, Binance's fund inflow has been supported. As more and more users move funds to Binance, participating in a possible cryptocurrency golden age, Binance's global user base has grown to 244 million.


Another strong driver of fund inflow may be the success of Binance's Launchpool program this year, reflecting the continuous growth of user interest in new tokens.

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