What stands out in the latest CryptoQuant data isn’t only the scale, but the consistency. Binance recorded $1.17T in capital inflows, up 31% year over year.
The message is simple 👇
When users choose where to deploy capital on-chain, Binance remains the primary destination.
The same trend appears in derivatives. $24.6T in perpetual futures volume and 49.6B trades reflect sustained, real participation — not short-term speculation.
Spot markets confirm it. With $6.82T in spot volume and trade counts already exceeding last year’s highs, engagement isn’t slowing — it’s accelerating.
The key takeaway:
Liquidity doesn’t fragment across platforms. It concentrates where depth, execution quality, and trust already exist. Once that flywheel starts turning, it’s extremely difficult to reverse.
