Binance Traditional Asset Perpetual Volume Surges 15x to $445 Billion
Binance's traditional-asset perpetual contracts have seen a surge in trading volume, reaching approximately $445 billion in July. This represents an increase of about 1,383% from January, when the figure stood at around $30 billion.
The expansion comes as Binance broadens its strategy beyond cryptocurrency derivatives, offering perpetual contracts linked to individual equities, commodities, and major exchange-traded funds through the same infrastructure traders already use for Bitcoin and other digital assets.
According to Binance's head of exchange and trading, Shunyet Jan, demand for using crypto infrastructure to trade traditional assets has grown rapidly. The trend has become pronounced enough that a perpetual contract tracking SanDisk shares recently generated more daily trading volume on Binance than its Bitcoin perpetual contract.