TODAY BINANCE ADDED SEVEN NEW TRADFI PERPETUALS IN JUST HALF AN HOUR

PATH — UiPath

AMC — AMC Entertainment

CYPH — Cypherpunk Technologies

ANET — Arista Networks

HUT — Hut 8

APLD — Applied Digital

AGPU — Axe Compute

But what’s more interesting to me isn’t the list of companies, but the standardization of the product itself.

All seven contracts:

are settled in USDT;

trade 24/7;

have a minimum notional of 5 USDT;

support leverage up to 20x;

have funding settlements every 8 hours.

So the traditional stock trade here turns into a completely different trading instrument.

You don’t need to own the stock itself.

You don’t need to wait for the stock exchange to open.

You can work with both long and short.

But at the same time, new things appear that don’t exist with a regular stock purchase:

funding;

margin;

liquidation;

leverage risk.

TradFi and crypto infrastructure continue to converge.

But the more similar the interface becomes, the more important it is to remember that the instruments underneath remain different.

#CreateWithBinance #ShareMyTradFi #TradFi