Binance’s Insurance Fund Was Active During Yesterday’s Crash – Here’s the Current Situation

According to Binance data, during the recent market crash, the exchange's shared insurance fund balance for $BTC, ETH, and BNB USDT margined contracts decreased from $1.23 billion to $1.04 billion.

During this period, a total of $188 million was deployed for risk management purposes during the period of extreme volatility.

According to the data, the hedge fund balance, which was $1.22 billion on October 10, 2025, decreased to $1.03 billion as of October 11, 2025. While the value of the fund balance in $BTC increased from 65,370 $BTC to 78,040 $BTC, the total dollar value decreased significantly.

Binance established the Secure Asset Fund for Users (SAFU) in July 2018, an emergency fund designed to protect user assets. The fund aims to help compensate users for losses incurred during sudden market crashes or systemic risks. Binance contributes a percentage of its trading fees to SAFU to grow the fund.

The SAFU fund was established in January 2022 with a value of $1 billion and was announced to be held in a wallet containing 1 billion USDC as of April 2024. The value of the fund fluctuates from time to time depending on market prices.

*This is not investment advice.