In June, cryptocurrency exchange Binance captured 80% ($53.8 billion) of the total trading volume in perpetual futures for TradFi stocks—six times more than its closest competitor. This is according to a report from CryptoQuant.
Source: CryptoQuant.According to The Block Research, mid-month weekly trading volume for stock derivatives on centralized exchanges (CEX) reached a record $11.6 billion. This surge was driven by Binance's expansion into traditional finance and the listing of SpaceX on Nasdaq.
Source: The Block Research.The launch of perpetual futures for SpaceX (SPCX) helped Binance push the total trading volume for TradFi stocks in June to over $54 billion. The trading volume for SPCX alone reached $36 billion, making it the most traded securities contract.
Digital counterparts like MicroStrategy (MSTR), Circle (CRCL), and Intel (INTC) also saw significant increases in trading volumes. The broad demand for both pre-IPO and mature stocks indicates long-term investor interest, analysts noted.
“For Binance, providing access to over 7,000 stocks and ETFs goes beyond merely expanding its product line. Rather, it is a key strategy for capital preservation,” the research states.
Experts at The Block believe the real economic benefit of integrating stocks into a crypto platform lies in cross-margining. Portfolios no longer sit idle after traditional markets close, meaning users can make every asset work around the clock.
It’s worth noting that in 2026, crypto exchanges processed transactions involving real-world assets (RWA) totaling nearly $1 trillion, with Binance accounting for the majority of the volume at 60.9%.