Binance SNDK Contract Trading Volume Surpasses BTC, 10 of Top 15 Contracts Are TradFi Assets

Odaily News U.S. stock SanDisk (SNDK) perpetual contract trading volume reached approximately $6.37 billion, surpassing Bitcoin's USDT perpetual contract volume of around $5.96 billion, making it one of the highest-volume contract products on Binance.

Notably, TradFi assets are seeing rising activity in Binance's contract market, with 10 of the top 15 contracts by trading volume being TradFi-related assets.

The fact that SNDK, a single U.S. stock-based contract, has surpassed BTC in trading volume reflects that traditional financial assets such as U.S. stocks are rapidly entering crypto-native trading scenarios.