Binance Launches Regulated TradFi Perpetual Contracts Settled in USDT, Starting With Gold and Silver

Binance Launches Regulated TradFi Perpetual Contracts Settled in USDT, Starting With Gold and Silver

Binance has taken a notable step toward blending traditional finance with digital asset trading by launching its first regulated perpetual futures tied to conventional assets. The new products, called TradFi Perpetual Contracts, debut with gold and silver pairs and are settled in the USDT stablecoin.

According to an official announcement on Thursday, the initial contracts include XAUUSDT and XAGUSDT, which track the price of gold and silver respectively. Binance said additional traditional asset pairs are planned as the product line expands.

Source: Binance

These contracts allow traders to gain round-the-clock exposure to traditional markets using a structure that is already familiar in crypto: perpetual futures. Unlike standard futures, perpetual contracts do not expire and are commonly used for hedging or leveraged strategies. Binance noted that the TradFi versions mirror its crypto perpetuals in terms of settlement currency and fee structure, while incorporating pricing and risk controls designed to account for periods when traditional markets are closed.

The contracts are issued by Nest Exchange Limited, a Binance-affiliated entity regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). Binance said it is the first global digital asset platform to secure a comprehensive set of licenses under the ADGM framework, enabling it to offer these products on a regulated basis.

The launch reflects a broader shift among major crypto exchanges as they look beyond purely digital assets for growth. In December, Binance API updates had already hinted at preparations for stock-linked perpetual contracts. Following Thursday’s announcement, a Binance spokesperson confirmed that the company had been beta-testing the product category before its public rollout.

Jeff Li, Binance’s vice president of product, said the goal is to narrow the gap between traditional finance and crypto markets by giving users continuous access to conventional assets through a derivatives format they already understand.

Market data suggests the timing may be deliberate. In recent months, trading activity has rotated across asset classes. CryptoQuant founder Ki Young Ju noted that capital inflows into bitcoin have slowed compared with earlier cycles, while interest in equities, commodities, and other traditional assets—particularly precious metals—has remained resilient.

“Liquidity channels are more diverse now,” Ju wrote on X, adding that capital has increasingly shifted toward stocks and commodities such as gold.

The trend extends beyond derivatives. Tokenized versions of traditional assets have gained momentum over the past year. Data from a Dune dashboard curated by Gate Research shows that onchain representations of stocks and commodities surpassed $1 billion in total assets by late 2025, marking roughly a 50-fold increase year over year.

With its regulated TradFi perpetual contracts, Binance is positioning itself at the intersection of crypto and traditional markets, offering traders a new way to access familiar assets without leaving the digital asset ecosystem. As demand continues to evolve, the move highlights how crypto infrastructure is increasingly being used to repackage and redistribute traditional financial products.

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