Richard Teng: Binance TradeFi Perpetual Contracts are rapidly expanding and have captured about 4.9% of the mainstream TradFi futures market.

BlockBeats News, April 16th, Binance CEO Richard Teng stated that Binance’s TradFi Perpetual Contracts are rapidly expanding. In just 90 days, Binance’s TradFi contracts’ average share of mainstream TradFi futures has surged from 0.2% to 4.9%. At its peak, silver reached 20.8% of the COMEX (Commodity Exchange) volume, and gold reached 8.3%.