Binance Claims 80% of TradFi Stock Perpetual Futures Volume in June
In June, Binance captured 80% ($53.8 billion) of total trading volume for perpetual futures on TradFi stocks, six times more than its nearest competitor. A record weekly volume of $11.6 billion was driven by Binance's expansion into traditional finance and the listing of SpaceX perpetual futures (SPCX).
Binance dominated the TradFi stock perpetual futures market in June, accounting for 80% of total volume, or $53.8 billion — six times higher than the nearest exchange.
Mid-month weekly volume hit a record $11.6 billion, fueled by Binance's push into traditional finance and the listing of SpaceX (SPCX) perpetual futures on Nasdaq. SPCX alone generated $36 billion in turnover, making it the most-traded stock derivative contract on the exchange.
The data underscores Binance's growing influence in the crossover between crypto derivatives and traditional equities.
Source: ForkLog