Binance
CEXOpen Interest
$5.394bKey Metrics
Volume (30d)$418.481b
7d$149.105b
24h$17.028b
All-time$2.063t
Turnover (30d)77.6x
Markets192
Reference Assets191
Asset Groups12
Share of CEX OI39.8%
Est. Fees (30d)$209.24m
24h$8.51m
All-time$1.031b
Est. Annual$2.546b
Taker Fee5 bps
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| binance:xauusdtGold | Commodity Perp | Permissioned | $691.32m | -11.45% | $1.686b | $15.802b | $51.714b | XAU-USDT | $4,069 | +1.18% | +0.066% | +4.25% | 4h | $842,801 | $25.86m | |
| binance:spcxusdtSpace Exploration Technologies Corp. | Stock Perp | Permissioned | $535.35m | -0.35% | $767.09m | $10.867b | $31.817b | SPCX-USDT | $149.33 | +1.01% | +0.072% | +2.37% | 8h | $383,544 | $15.91m | |
| binance:skhynixusdtSK hynix Inc. | Stock Perp | Permissioned | $416.2m | -5.77% | $860.58m | $10.557b | $25.362b | SKHYNIX-USDT | $1,028 | +4.23% | -0.36% | 0% | 4h | $430,290 | $12.68m | |
| binance:clusdtCrude Oil (WTI) | Commodity Perp | Permissioned | $348.07m | +3.64% | $1.068b | $8.861b | $26.456b | CL-USDT | $100.08 | -1.59% | -0.042% | 0% | 4h | $533,794 | $13.23m | |
| binance:xagusdtSilver | Commodity Perp | Permissioned | $303.27m | -0.29% | $867.35m | $5.936b | $19.658b | XAG-USDT | $54.57 | +1.03% | +0.055% | +1.38% | 4h | $433,677 | $9.83m | |
| binance:sndkusdtSandisk Corporation | Stock Perp | Permissioned | $302.98m | -6.86% | $1.928b | $15.698b | $40.956b | SNDK-USDT | $1,295 | +2.79% | +0.044% | 0% | 8h | $963,918 | $20.48m | |
| binance:soxlusdtDirexion Daily Semiconductor Bull 3X ETF | ETF Perp | Permissioned | $288.21m | +16.18% | $3.059b | $20.781b | $53.099b | SOXL-USDT | $98.82 | +8.12% | +0.051% | 0% | 8h | $1.53m | $26.55m | |
| binance:bzusdtCrude Oil (Brent) | Commodity Perp | Permissioned | $267.6m | -5.73% | $520.32m | $4.26b | $13.818b | BZ-USDT | $109.68 | -0.83% | -0.027% | 0% | 4h | $260,159 | $6.91m | |
| binance:muusdtMicron Technology, Inc. | Stock Perp | Permissioned | $161.48m | -0.89% | $415.31m | $4.191b | $13.986b | MU-USDT | $924.66 | +1.96% | +0.053% | +0.50% | 8h | $207,657 | $6.99m | |
| binance:skhyusdtSK hynix Inc. ADR | Stock Perp | Permissioned | $154.66m | -13.94% | $533.68m | $3.988b | $9.796b | SKHY-USDT | $145.24 | +1.50% | +0.026% | 0% | 8h | $266,840 | $4.9m | |
| binance:crclusdtCircle Internet Group, Inc. | Stock Perp | Permissioned | $122.89m | +4.73% | $212.93m | $1.784b | $6.272b | CRCL-USDT | $81.55 | +1.97% | +0.041% | 0% | 8h | $106,467 | $3.14m | |
| binance:intcusdtIntel Corporation | Stock Perp | Permissioned | $105.93m | -7.68% | $223.91m | $1.438b | $4.889b | INTC-USDT | $93.59 | +2.95% | +0.048% | 0% | 8h | $111,953 | $2.44m | |
| binance:koruusdtDirexion Daily MSCI South Korea Bull 3X ETF | ETF Perp | Permissioned | $101.09m | -10.74% | $777.27m | $8.901b | $19.022b | KORU-USDT | $11.79 | +7.75% | -0.059% | 0% | 8h | $388,637 | $9.51m | |
| binance:googlusdtAlphabet Inc. | Stock Perp | Permissioned | $96.18m | +13.36% | $137.38m | $701.86m | $2.976b | GOOGL-USDT | $321.97 | +1.24% | +0.083% | +1.01% | 8h | $68,692 | $1.49m | |
| binance:nvdausdtNVIDIA Corporation | Stock Perp | Permissioned | $83.27m | -1.92% | $153.93m | $1.503b | $5.349b | NVDA-USDT | $218 | +0.65% | 0% | 0% | 8h | $76,965 | $2.67m | |
| binance:mstrusdtStrategy Inc | Stock Perp | Permissioned | $81.05m | +7.58% | $210.17m | $2.042b | $6.714b | MSTR-USDT | $142.12 | +1.64% | +0.059% | +1.94% | 8h | $105,087 | $3.36m | |
| binance:tslausdtTesla, Inc. | Stock Perp | Permissioned | $73.92m | +20.63% | $174.58m | $1.588b | $4.235b | TSLA-USDT | $407.41 | +3.89% | +0.001% | 0% | 8h | $87,291 | $2.12m | |
| binance:qqqusdtInvesco QQQ Trust, Series 1 | ETF Perp | Permissioned | $69.27m | -0.70% | $119.34m | $1.264b | $3.881b | QQQ-USDT | $722.12 | +1.16% | +0.035% | 0% | 8h | $59,669 | $1.94m | |
| binance:anthropicusdtAnthropic | PE Perp | Permissioned | $52.35m | +5.29% | $9.56m | $120.78m | $336.89m | ANTHROPIC-USDT | $1,877 | -0.20% | 0% | +0.68% | 8h | $4,779 | $168,446 | |
| binance:aaplusdtApple Inc. | Stock Perp | Permissioned | $50.96m | +2.87% | $54.89m | $432.58m | $1.523b | AAPL-USDT | $347.75 | +0.92% | -0.018% | 0% | 8h | $27,443 | $761,377 | |
| binance:dramusdtRoundhill Memory ETF | ETF Perp | Permissioned | $49.35m | +5.56% | $114.93m | $1.07b | $3.125b | DRAM-USDT | $50.11 | +3.26% | +0.008% | 0% | 8h | $57,466 | $1.56m | |
| binance:amdusdtAdvanced Micro Devices, Inc. | Stock Perp | Permissioned | $47.65m | -6.77% | $98.15m | $671.59m | $2.171b | AMD-USDT | $560.27 | +5.37% | -0.046% | 0% | 8h | $49,077 | $1.09m | |
| binance:nbisusdtNebius Group N.V. | Stock Perp | Permissioned | $40.39m | -0.70% | $116.33m | $907.42m | $2.09b | NBIS-USDT | $170.57 | +11.07% | +0.065% | 0% | 8h | $58,166 | $1.05m | |
About Binance
Binance is the world's largest cryptocurrency exchange by trading volume, founded in 2017 by Changpeng Zhao and Yi He and led since late 2023 by CEO Richard Teng. In January 2026 it became the first exchange to offer regulated TradFi perpetual contracts. These are 24/7, USDT-settled perpetual futures on gold and silver, then US, Korean and Hong Kong equities, ETFs, commodities, and pre-IPO names including OpenAI, Anthropic and SpaceX, around 152 RWA contracts in total. The products are issued through Nest Exchange Limited, Binance's Abu Dhabi venue holding ADGM's first comprehensive exchange license suite for a crypto platform, with Nest Clearing and Custody as recognized clearing house and Nest Trading as broker-dealer. Contracts fund every 4 to 8 hours depending on the underlying and are offered in eligible markets outside the US.
Entity
Legal entityNest Exchange Limited (ADGM Recognised Investment Exchange, Recognition Order No. 0072) for TradFi Perpetuals
HeadquartersNo declared global HQ. UAE de facto hub (Binance FZE Dubai, ADGM Nest entities Abu Dhabi)
Founded2017
Primary chainCex
Entity structure
Decentralized group with no single disclosed parent for the global crypto-futures venue. TradFi Perpetuals run on the ADGM Nest stack: Nest Exchange Limited (RIE), Nest Clearing and Custody Limited (RCH + custody/CSD), Nest Trading Limited (broker-dealer), all Binance group. Other key entities: Binance FZE (Dubai, VARA), Binance Bahrain BSC (CBB), Binance.US (separate US affiliate, BAM Trading Services).
Regulation
The TradFi perpetuals run on a fully licensed stack in Abu Dhabi Global Market: Nest Exchange Limited (Recognised Investment Exchange, Recognition Order No. 0072), Nest Clearing and Custody Limited (Recognised Clearing House), and Nest Trading Limited (broker-dealer). This was the first comprehensive ADGM license suite granted to a crypto platform. The wider group holds a full VARA VASP license in Dubai (Binance FZE) and a CBB license in Bahrain. Binance settled with the US DOJ in November 2023 (~$4.3B, AML and sanctions) and operates under a compliance monitor. It holds no MiCA CASP authorization and exited France in July 2026. TradFi products are not offered to US persons.
Markets
Open Interest by asset group
Asset classes
Fees & revenue
Revenue modelPerp Maker/Taker Fees
ConfidenceIssuer-Disclosed
Perp Maker Fee2 bps
Perp Taker Fee5 bps
Margin Settlement AssetsUSDT
Fees Last Verified2026-07-30
TradFi Perpetuals issued via the ADGM-regulated Nest entity. One SpaceX contract is margined in USD1.
Milestones
- 2017-07Binance launches and becomes the largest crypto exchange within a year
- 2023-11US DOJ settlement (~$4.3B) over AML failures, CZ steps down and Richard Teng becomes CEO
- 2024-04full VARA VASP license in Dubai
- 2025-12ADGM grants the Nest license suite, the first comprehensive license of its kind for a crypto platform, purpose-built for regulated TradFi products
- 2026-01first regulated TradFi perpetuals go live (gold Jan 5, silver Jan 7, first stock perp TSLA Jan 28)
- 2026-05pre-IPO perpetuals launch (SpaceX May 21, OpenAI May 26, with Anthropic following on 2026-06-02)