Crypto

SNDK Perp Contract Surpasses BTC and ETH in Trading Volume on Binance

Guavy AI Editorial Team Published August 20, 2026

Instruments

BTC ETH BNB

Binance's perpetual contract for the TradFi asset SNDK has seen unprecedented trading volume, surpassing that of Bitcoin and Ether. According to Binance market data, the SNDK perp contract recorded over $7.38 billion in 24-hour trading volume, while BTC saw $6.11 billion and ETH saw $4.57 billion during the same period.

This surge in volume highlights the rapid adoption of tokenized TradFi assets within crypto markets and underscores the concentration and liquidity risk for traders and DeFi/CEX infrastructure.

The Wire

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