Binance Dominates Traditional Asset Perpetual Trading with Rapid Growth

Binance has been expanding its perpetual contracts to traditional financial assets, and the results are impressive. Among its top 15 perpetual contracts by 24-hour volume, two-thirds are now tied to equities, ETFs, or commodities rather than crypto itself.

The SANDUSDT contract, tracking SanDisk, tops the list with a staggering $6.87 billion in 24-hour trading volume, which is about 22% of SanDisk's own 24-hour volume on Nasdaq.

Weekly stock-linked perpetual volume across centralized exchanges has jumped roughly 79 times since the start of 2026, with Binance capturing about 76% of that flow in July. This rapid growth reflects a broader acceleration in how fast traditional-asset perpetuals have grown across the industry.

Binance's strategy is to make its platform a multi-asset financial super app where users can access both crypto and traditional asset classes within a single account, using the same margin and trading infrastructure.