Binance spot trading volume reaches $409 billion in January 2026
Cryptocurrency exchange Binance announced that its spot trading volume increased to $409 billion in January 2026, marking a 12.1% growth year-over-year. This volume accounts for over half of the total market growth of $87 billion and is five times larger than that of its closest competitor.
Stablecoin reserves have also risen — according to CryptoQuant, the total amount reached $47.5 billion, up 31% year-on-year. Binance holds 65% of the combined USDT and USDC reserves among exchanges.
Meanwhile, stablecoin outflows from exchanges have decreased to $2 billion, down from the peak of $8.4 billion during the crisis, indicating reduced liquidity pressure.
These trends are likely to strengthen Binance’s market leadership and contribute to the overall stabilization of the cryptocurrency sector.