Binance Sees $433B TradFi Volume as Stock Trading Explodes
- TradFi perpetual volume has increased roughly 15-fold since January.
- Equity-linked contracts generated most of August’s activity.
- Binance is adding options on more than 1,000 U.S. stocks and ETFs.
- Alpaca handles execution, settlement and custody for the new options service.
Binance is expanding deeper into traditional markets after monthly trading volume in its TradFi perpetual futures reached approximately $433.4 billion in August, around 15 times January’s level. The crypto exchange is now adding physically settled options on more than 1,000 U.S. stocks and ETFs for eligible users outside the United States, extending a product lineup that already includes direct equities, tokenized shares and equity-linked derivatives.
Equity perpetuals are driving the increase
Binance reported approximately $29.5 billion in TradFi perpetual volume in January.
By August, that figure had climbed to $433.4 billion, according to Bloomberg.
The expansion was heavily concentrated in equities. Stock-linked perpetual contracts generated $342.9 billion, accounting for roughly 79% of Binance’s TradFi perpetual volume during the month. In January, equity perpetual volume was only $410.9 million.
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