A leading exchange has just announced its 2025 performance report, with user numbers surpassing 120 million. This is likely the first time the industry has explicitly disclosed this metric publicly. Looking at this growth trend, how far are we from the ultimate goal of 1 billion users?

What’s even more noteworthy are the underlying data details—regarding strategy yields, the annualized return for participating users exceeds 60%, and this ratio reaches 10%. In other words, one out of every ten users is making money with strategy products.

From a security perspective, the platform recovered over $500 million in user losses throughout the year, and risk trading was intercepted 24.8 million times. What do these numbers indicate? In an increasingly competitive trading environment, security measures have become a key metric, directly impacting user trust.