Binance launches TradFi perpetual contracts, USDT settlement allows gold and silver to be traded 24/7 around the clock

Binance Launches TradFi Perpetual Contracts Settled in USDT for 24/7 Gold and Silver Trading, Deepening Traditional Finance and Crypto Market Integration Under ADGM Regulatory Framework

【This content is provided by Binance】

Binance, the global cryptocurrency exchange with the largest trading volume and user base, today announced the official launch of Traditional Finance (TradFi) Perpetual Contracts. This innovative product category allows users to trade traditional assets through perpetual contracts settled in $USDT , further expanding Binance’s derivatives product line and unlocking 24/7 exposure to diverse traditional financial markets with new trading opportunities.

Binance Product VP Jeff Li stated: “The launch of TradFi Perpetual Contracts is an important step in bridging traditional finance and crypto innovation. By providing round-the-clock access to traditional assets combined with a seamless and secure trading experience, we help users diversify and manage their portfolios more effectively. Supported by robust regulatory compliance and trust foundations, this product creates exciting new opportunities for both crypto traders and traditional finance participants on the Binance platform.”

Binance became the first global digital asset trading platform to obtain a full license under the Abu Dhabi Global Market (ADGM) regulatory framework, setting new benchmarks for digital asset regulation. The TradFi Perpetual Contracts are provided by Binance’s entity Nest Exchange Limited, which operates as a “Recognized Investment Exchange” regulated by the Financial Services Regulatory Authority (FSRA) under ADGM.

The inaugural TradFi Perpetual Contracts XAU/USDT and XAG/USDT correspond to the precious metals gold and silver respectively. Binance is actively expanding more trading pairs to continue deepening the connection between traditional finance and crypto markets.

This new product launch enables existing crypto users to access traditional financial instruments, while supporting traditional market participants in exploring digital assets on Binance’s regulated platform. This further demonstrates Binance’s commitment as an industry leader to expand user choices and deepen the integration between traditional finance and crypto markets while strictly adhering to high regulatory standards.

TradFi Perpetual Contracts are designed with simplicity and seamless trading experience at their core. Contracts have no expiration dates and eliminate the need for contract rollovers. Traders can use this product to hedge, diversify, and strengthen portfolio strategies between traditional and digital assets.

Key Advantages and Features of TradFi Perpetual Contracts

• 24/7 Round-the-Clock Traditional Market Exposure: Unlike traditional markets that operate only during specific hours, Binance’s TradFi Perpetual Contracts support continuous 24/7 trading, covering pre-market, after-hours, and night sessions, providing greater flexibility and accessibility for global users.
• Simple and Transparent Trading Experience: TradFi Perpetual Contracts are settled in USDT, using a familiar settlement currency for users, and follow the same consistent fee structure as Binance’s existing perpetual contracts, enabling users to achieve diversified asset allocation in an intuitive and cost-effective manner on a trusted platform.
• Leverage to Amplify Trading Returns: Users can amplify market exposure through leverage mechanisms, supporting diverse risk tolerances and trading strategy requirements.
• Robust Pricing Mechanism and Advanced Risk Management: Even when the underlying asset market has limited trading hours, Binance maintains continuous trading. To ensure fair pricing and effectively manage risks during non-trading hours, Binance employs a multi-layered pricing and risk control mechanism:
• Price Index: Aggregates market data from multiple data providers and updates every second during trading hours; during non-trading hours, the price index remains at the last value to ensure price stability.
• Mark Price: Updates every second during trading hours; during non-trading hours, uses a smoothed futures price calculated using exponential weighted moving average (EWMA) to reduce the risk of sharp price fluctuations.
• Deviation Constraints: Sets limits on the deviation between mark price and price index (for example, commodity contracts like XAUUSD have a deviation range of ±3%) to effectively manage risks in a continuous trading environment.

TradFi Perpetual Contracts can be traded through Binance’s web platform, mobile app, and API. Users can simply log into their Binance account, go to Binance Contracts, and find the【TradFi】tab below the trading pair search bar to view and trade available TradFi Perpetual Contracts.