PANews reported on April 11 that, according to research by Binance Research, crypto perpetual contracts built around traditional assets such as gold and crude oil are gradually taking on the function of "weekend price discovery." Their price movements have an accuracy rate of approximately 89% in predicting the direction of Wall Street's opening on Monday. The weekly trading volume of these contracts has reached approximately $31 billion, with a correlation of approximately 0.80. During traditional market closures, the crypto market can reflect approximately 57% of expected price changes in advance. As the market develops, weekend trading activity continues to increase, currently reaching approximately 38% of weekday levels.

Analysis indicates that in highly volatile environments such as geopolitical conflicts, the crypto perpetual market has become an important channel for investors to hedge and react in real time. For example, during periods of tension in the Middle East, trading volume for related contracts surged to approximately $8.1 billion over the weekend, significantly higher than normal levels.

In addition, these products allow crypto users to participate in the price fluctuations of traditional assets without leaving the on-chain system, improving capital efficiency. Although there is still room for improvement in price discovery, their directional signals have high reference value and are gradually becoming an important forward-looking indicator for judging the short-term trend of traditional financial markets.