According to the latest data from DefiLlama's CEX Transparency , Binance saw a staggering $3.97 billion net inflow in the week following the Bybit hack. This figure is an impressive ten times higher than the combined net inflows of the other nine leading exchanges. Furthermore, in February 2025 alone, Binances monthly net inflows were nearly seven times those of the second-largest exchange, underscoring its position as the go-to platform for users during both volatile and stable market conditions.
Short-Term Safe-Haven Effect: Capital Floods to Binance During Uncertainty
In the week of February 21–27, 2025, following the Bybit security incident, Binance reported a net inflow of $3.97 billion. Meanwhile, the total net inflows across the other nine major exchanges (excluding Bybit) amounted to just $396.83 million. This highlights Binances status as the preferred destination for capital during times of market uncertainty, as users prioritize security and stability.
Data source: CEX Transparency - DeFiLlama (February 21-27, 2025)
Long-Term Capital Flow Trends: Binance Continues to Build Market Trust
Beyond short-term market fluctuations, Binance has consistently demonstrated robust and significant long-term capital inflows. In February 2025, Binance recorded a net inflow of $5.32 billion, compared to the combined $1.229 billion of the other nine major exchanges (excluding Bybit). This means Binance's monthly net inflows were 4.33 times the total of its competitors. Notably, Binance's monthly net inflows were nearly seven times those of the second-largest exchange, Bitfinex ($768.19 million), further illustrating the concentration of market capital toward Binance.
Historical data from DeFiLlama also reveals that over the past 12 months, Binance achieved net inflows exceeding $3 billion in six separate months. The peak was reached in November 2024, with a record $9.29 billion net inflow.
Data source: CEX Transparency - DeFiLlama (February 1-28, 2025)
Conclusion: Binance Reinforces Its Industry-Leading Position
The latest data from DeFiLlama underscores Binance's pivotal role in the cryptocurrency ecosystem. Whether navigating market turbulence or periods of relative calm, users consistently gravitate toward Binance. Its superior performance during crises, such as the recent Bybit hack, reinforces its reputation as a safe-haven platform. Moreover, its sustained and substantial long-term capital inflows reflect the market's unwavering trust in its security, reliability, and comprehensive service offerings.
