Recently, we have noticed discussions about Binance in the community, and we understand the emotions and concerns expressed by some users in the current market environment.
During periods of industry volatility and market pressure, as Binance has developed to its current scale, the fluctuations in the industry reflect the fluctuations of Binance. Discussions about the industry reflect the challenges that the cryptocurrency industry must face in its journey towards maturity. As the industry scale expands and its structure becomes increasingly complex, the market demands higher standards for platform governance, risk control, and accountability.
Binance is no longer just a single player; the industry is being recognized and accepted through us. Because of this, we must hold ourselves to higher standards, and with an open attitude and approach, continuously face evaluations and feedback from different perspectives.
In 2025, during its ongoing investment in industry development, Binance carried out the following work around risk control, compliance collaboration, and ecological construction:
User Asset Recovery: In 2025, Binance assisted users in recovering 38,648 instances of wrongly deposited assets, totaling $48 million. To date, Binance has cumulatively assisted in recovering over $1.09 billion.
Risk Control and User Protection: Throughout the year, assisted 5.4 million users in identifying potential risks, cumulatively avoiding approximately $6.69 billion in fraud-related losses.
Combating Illegal Activities and Law Enforcement Cooperation: Collaborating with global law enforcement agencies to combat illegal activities involving approximately $131 million in funds.
Token Distribution and Ecological Diversity: By 2025, Binance's spot listing projects will cover 21 public chains, with ETH, BSC, and SOL as the main sources (with 32, 18, and 9 projects respectively); among the public chains involved, 13 are new public chains, including payment public chains, gaming public chains, social public chains, etc.
Asset Transparency and Reserves: As of the end of 2025, Binance's reserve proof covers user assets of approximately $162.8 billion, including 45 types of assets.
We always maintain a humble and prudent attitude towards any feedback. We hope to support the long-term healthy development of the industry in a sustainable manner through concrete actions.
Based on our judgment of Bitcoin as the core asset of the crypto ecosystem and its long-term value, Binance is willing to jointly bear uncertainty with the industry during periods of increased cyclical volatility and continuously invest resources into the crypto ecosystem. Therefore, Binance will adjust the asset structure of the SAFU fund, gradually converting the original $1 billion stablecoin reserve into Bitcoin reserves, and plans to complete the exchange within 30 days of this statement's release. Binance will conduct regular checks on the asset scale of the SAFU fund, and if the market value of the SAFU fund falls below $800 million due to Bitcoin price fluctuations, Binance will supplement Bitcoin to restore the fund size to $1 billion. This initiative is part of Binance's long-term commitment to building the industry, and related work will continue to be promoted, with more progress gradually shared with the community.
Binance will continue to respond to market concerns with actions, continuously participating in and promoting industry development under the principles of openness, transparency, and long-termism. Finally, we thank the Binance community, the vast number of Binance users, and Binance angels for their long-term support and trust in Binance.
