Binance Dominates Traditional Finance Perpetuals Volume

Binance has emerged as a leader in perpetual contracts for traditional financial instruments, handling around 60% of the volume. This shift towards crypto rails is driven by lower margin requirements and instant settlement, according to market participants.

The trend is part of a larger move where cross-market flows have been rising over the last twelve months. Perpetual contracts on equities, commodities, and indices are migrating to on-chain settlement.

This change compresses spreads and removes legacy clearing layers, exposing users to 24/7 liquidity previously limited to spot crypto pairs such as BTC.