PANews reported on April 7 that data released by Binance Research shows that in the past 90 days, the trading volume of Binance RWA perpetual contracts has surged from an average of 0.2% to 4.9% compared to traditional financial futures. At its peak, silver trading volume reached 20.8% of COMEX (New York Mercantile Exchange) trading volume, and gold reached 8.3%.
Specifically:
- Precious metals: Gold rose from 0.4% of COMEX trading volume in January to 3.6% in April, peaking at 8.3%; silver rose from 1% to an average daily share of 13.6%, peaking at over 20%.
- Stocks: Circle (CRCL) accounted for 12.1% of the daily trading volume on the New York Stock Exchange (NYSE), MicroStrategy (MSTR) for 2.7%, and Tesla (TSLA) for 0.5%.
- Energy: WTI crude oil futures rose 2.3%, and Brent crude oil rose 1%. Binance Research pointed out that gold was at a similar level in January, but increased tenfold two months later, making the performance of the energy market noteworthy.
Binance Research also noted that Binance's 24/7 operating model, cross-asset collateralization capabilities, and support for on-chain and traditional financial market transactions are key factors driving the rapid growth of RWA perpetual contracts. The research institute stated that if this trend continues, the distribution of global pricing power across different trading venues may undergo significant changes.
