PANews reported on January 8th that Binance has officially launched TradeFi (Traditional Finance) perpetual contracts, initially including gold (XAUUSDT) and silver (XAGUSDT). Users can settle in USDT and trade traditional assets 24/7 with leverage, without actually holding the underlying assets. The product uses an index price and smoothed mark-price mechanism to ensure price stability during non-trading hours, and the range of contracts will continue to expand in the future.