Binance Leads the Crypto World by a Massive Margin, CMC Report Reveals

Proof of Reserves data shows a clear gap between Binance and rival exchanges in scale, assets, and market strength

Binance has emerged as the undisputed heavyweight of the crypto exchange world, holding a massive lead in reserves that far outpaces its closest competitors. According to CoinMarketCap’s January 2026 Proof of Reserves report, Binance controls approximately $155.6 billion in total exchange reserves, underscoring its dominance in liquidity and balance-sheet strength.

To put that figure in perspective, the second-largest exchange on the list, OKX, holds just over $31 billion, while Bybit follows with $14.1 billion. All other major platforms trail far behind, highlighting a sharply tiered market where Binance operates at a scale unmatched by the rest of the industry.

The report also sheds light on how Binance structures its holdings. Roughly one-third of its reserves are held in bitcoin and bitcoin-linked assets, while stablecoins account for about 30 percent, giving the exchange deep liquidity to handle withdrawals and trading activity even during periods of market stress. A significant portion is also held in Binance’s native token, BNB, reflecting its central role within the company’s broader ecosystem.

“Stablecoins and bitcoin remain the backbone of exchange liquidity, but Binance’s reserve size sets it apart entirely,” CoinMarketCap noted in its report.

Other exchanges show more conservative or varied strategies. OKX relies heavily on bitcoin and stablecoins, while Bybit and Gate maintain smaller but focused reserve bases. Some platforms, such as HTX and Gate, allocate more toward alternative cryptocurrencies, while others stick closely to core assets like BTC, ETH, and major stablecoins.

Based on official disclosures and market prices as of February 3, 2026, the findings reinforce one message that when it comes to liquidity and financial backing, Binance stands in a league of its own, shaping how trust, stability, and scale are measured in the crypto industry today.