Binance Launches TradFi Perpetual Contracts, Starting with Gold and Silver

Binance Futures, the derivatives arm of Binance, has launched silver perpetual contracts, allowing traders to take leveraged positions on the precious metal. The contracts offer up to 50x leverage, margined and settled in Tether (USDT), and require a minimum notional value of 5 USDT. The move reflects growing demand among crypto traders to diversify into traditional financial assets.

The silver contract is available for futures copy trading and will support multi-asset mode, where cryptocurrencies like Bitcoin can be used as collateral. This feature adds flexibility for traders and aligns with Binance's broader strategy to integrate TradFi products into its ecosystem.

Binance is the first major exchange to introduce perpetual contracts for silver, following similar efforts by smaller exchanges like MEXC and BTCC. The move comes weeks after Binance launched gold perpetual contracts, signaling a strategic focus on precious metals as part of its TradFi expansion.

Why the Move Happened

The demand for leveraged bets on precious metals has grown alongside broader interest in diversified asset classes. Silver, in particular, saw a strong rally in 2025, gaining nearly 150% and outperforming gold. This momentum has attracted crypto traders seeking exposure to traditional markets within their existing trading platforms.

Binance's decision aligns with broader trends in the financial industry. For example, Bitget recently opened its TradFi trading suite to all users, following a successful beta period that included high-volume trading on gold and forex instruments. This reflects a growing appetite for platforms that offer a single interface for both crypto and traditional assets.

How Markets Responded

Silver's performance in early 2026 has been mixed. While it surged 150% in 2025, it has since retraced slightly, falling 1.6% on the day this report was written. The introduction of silver perpetual contracts could add new liquidity to the market, potentially stabilizing price volatility.

Bitcoin's price has also been affected by macroeconomic factors, including the Japanese yen and MSCI decisions. A recent 3% drop in Bitcoin triggered over $440 million in liquidations, highlighting the sensitivity of crypto markets to traditional financial news. The introduction of leveraged silver contracts may offer alternative hedging strategies for traders seeking to manage risk.

What Analysts Are Watching

Analysts are closely monitoring how the new contracts perform in terms of volume and price impact. The success of silver perpetual contracts could influence Binance's future TradFi product roadmap, potentially leading to the addition of more commodities, indices, or forex pairs.

Regulatory developments are also a key concern. For example, Morgan Stanley has filed for an Ethereum ETF with the SEC, continuing its broader push into digital assets. These moves may encourage more institutional-grade products on exchanges like Binance.

The broader crypto ecosystem is also evolving. Tether has introduced Scudo, a new unit for measuring gold, while Rumble and Tether have launched a crypto wallet for content creators. These developments highlight the convergence of crypto and traditional financial infrastructure.