Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets

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TheNewsCrypto 1w ago

Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets - TheNewsCrypto

Quick Summary:

According to statistics provided by DeFiLlama, Binance, which is the leading blockchain ecosystem in the world and the biggest cryptocurrency exchange in terms of trading volume and users, has achieved two consecutive billion-dollar inflow weeks.

This number is five times higher than the net inflows of the platform that comes in second place in terms of size.

As a result of this trend, the user asset holdings on Binance have hit $130 billion, as documented on DefiLlama’s dashboard.