Crypto Exchanges Evolve into Comprehensive Financial Platforms
The traditional trading model is undergoing significant changes as crypto exchanges evolve into comprehensive financial platforms. According to an analytical report by Binance Research, published exclusively by LIGA.net, these platforms are no longer just for buying and selling digital assets but also offer services like payments, investing in stocks, trading tokenized securities, and entering contracts linked to traditional assets.
In the first half of 2026, the total trading volume of perpetual contracts on stocks, exchange-traded funds (ETFs), commodities, and other traditional instruments exceeded $1.6 trillion. Moreover, 62% of July's trading activity involving tokenized stocks occurred while US exchanges were closed.
The use of stablecoins is also expanding beyond crypto trading. Their total supply stood at $311 billion by the end of the first half of the year, with monthly on-chain transfer volumes exceeding $1 trillion. Over the first half of the year, this volume reached $8.8 trillion.