The total trading volume of perpetual contracts for traditional assets (TradFi Perpetual Futures) on the cryptocurrency exchange Binance has surpassed $130 billion with 90 million trades, just two months after the product's launch in early January. This data comes from CryptoQuant.

TradFi is moving onto crypto exchanges.

Binance’s TradFi perpetual futures surpassed $130B in volume and 90M trades just months after launch.

Gold and silver dominate activity as traders use crypto platforms to trade traditional assets 24/7. pic.twitter.com/MC44FeHJv4

— CryptoQuant.com (@cryptoquant_com) March 6, 2026

The first instrument was a gold contract available from January 5, followed by silver on January 7. The platform crossed the $100 billion mark on February 24.

Source: CryptoQuant.

Gold and Silver Dominate

Precious metals account for the majority of the trading volume in TradFi futures. On March 3, the daily trading volume for gold reached $3.77 billion, while silver hit $3.75 billion. Record daily figures were noted on January 30: approximately $4 billion for gold and $7 billion for silver.

Source: CryptoQuant.

According to CryptoQuant, gold comprises between 25% and 65% of the total TradFi futures volume on Binance, with silver taking the remaining share and occasionally exceeding 70% on certain days. Recently, the distribution has become more balanced amid rising silver prices.

Other metals (palladium, platinum) and stocks (AMZN, COIN, CIRCL, HOOD, INTC, MSTR, PLTR, TSLA) generate significantly lower volumes—$45 million and $16 million, respectively.

“The number of trades in TradFi futures reached 4.4 million in a day: 2 million for gold and 1.9 million for silver. On February 2, a record was set with 6.3 million trades, of which 3.7 million were for silver and 2.4 million for gold,” stated the CryptoQuant report.

Analysts note that participants from traditional markets are increasingly trading commodities and stocks through cryptocurrency exchanges, especially during periods of stable price trends. They attribute the rise in gold prices in 2025 to tariff uncertainty, demand for safe-haven assets, and increased purchases by central banks.

Regulated Infrastructure

TradFi futures on Binance are perpetual contracts settled in USDT. They track the prices of underlying traditional financial assets and are traded around the clock, including outside standard exchange hours.

The contracts are executed on the regulated platform Nest Exchange Limited, with clearing conducted through Nest Clearing and Custody Limited. Both companies are licensed by the Abu Dhabi Financial Services Regulatory Authority (ADGM).

Recall that in December 2025, Binance became the first global cryptocurrency exchange to receive full authorization from ADGM.