Binance TradFi Perpetuals Surge to Near $7 Billion in Daily Trading Volume
Binance's expansion into traditional finance (TradFi) assets has seen strong adoption by traders, with real-time derivatives data showing that ten out of the top fifteen perpetual contracts by 24-hour volume are TradFi assets such as equities, ETFs, and commodities.
The SanDisk (SANDUSDT) perpetual contract led the way, recording nearly $7 billion in 24-hour trading volume on Binance, accounting for around 22% of SanDisk's corresponding 24-hour trading volume on Nasdaq.
The growth of TradFi perpetuals highlights Binance's broader offering, which includes direct trading in over 7,000 U.S. stocks and ETFs, tokenized securities, and additional commodity exposure through derivatives.