Binance has seen a complete shift to RWA perpetual futures in the past three months. RWA-based perpetual futures are increasing their share of Binance derivatives activity.
Binance’s perpetual futures market now hosts much higher RWA volumes. In the past three months, Binance has begun to compete with traditional markets with its own perpetual futures platform.
according to Binance Researchits market share versus TradFi futures platforms expanded from 0.2% to 4.9%. Binance has now competed with Comex, especially in the silver market.
Silver contracts accounted for 20.8% of trading volumes on the COMEX at peak interest, while gold reached 8.3%. The Binance example shows that cryptocurrency trading infrastructure can adapt to trade any contract that shows high liquidity potential and factors for clear directional movements.
Binance’s perpetual futures also compete with Hyperliquid’s own contracts. Both platforms reflect the shift into precious metals, commodities and energy.
Binance took advantage of the rise in precious metals
Binance has capitalized on a precious metals rally in early 2026, driven by new gold records and dramatic silver price movements.
Initially, Binance held up to a 0.4% stake on the COMEX in January, expanding to 3.6% in April, with 8.3% at peak trading. Silver expanded from 1% to 13.6%, peaking above 20%.
This trend was similar to the Hyperliquid precious metals trade, where Silver continues to have the highest cumulative volume to date. Rapid adoption of RWA Perpetual Futures After years of coding attempts, it turns out that liquidity is still a key element for cryptocurrency traders, as well as an element of social media hype.
Equities and energy are catching up in increasing volumes
Equities and energy still have a smaller share in traditional markets. However, Binance’s position among cryptocurrency traders has allowed for a rapid shift into new asset classes.
Binance noted that CRCL trading was particularly active, accounting for as much as 12.1% of the NYSE’s daily trading volume. The main reason is that CRCL traders are also crypto natives, and react to influential news and events Circle, Inc And the sector as a whole.
MSTR and TSLA are also gaining speed, although they are lagging behind CRCL.
Perpetual energy futures have the same share as gold in January. WTI futures account for 2.3% of TradFi platforms, while Brent crude oil is at 1%. These ratios were similar to silver and gold, and may expand if global uncertainty continues.
Binance markets, like Hyperliquid, operate 24/7, with price discovery continuing during official closing hours. Traders can use cross margin for multiple trades. Traders are also still learning the behavior of the oil market at a time of unprecedented uncertainty.
In April, Binance also launched USDT-margined WTI and Brent oil futures with up to 100X leverage, allowing traders to take more pronounced directional risks. Binance circumvents the usual complex structure of a brokerage account and access to a commodity exchange. The market also shows similarities to high-volatility cryptocurrency trades, swapping tokens and digital assets at a time when prices drift sideways.
