tradefiperpetual

☀️ Major news today: Bitcoin is not the biggest player in Binance Futures contracts 👀

In a shift many traders might have missed:

📊 The average daily trading volume of perpetual contracts linked to TradFi assets on Binance reached about $15.59 billion per day over the last 30 days, compared to about $7.39 billion for Bitcoin perpetual contracts.

Meaning: roughly double the volume of BTC Perpetuals.

And the story isn’t that Bitcoin has lost its importance.

The story is that traders now have far more options:

📈 Stocks
🛢️ Commodities
📊 Indices
🪙 Crypto

And all of them can be traded within the same trading environment.

💛 What caught my attention:
When you see trading volume move from one asset to an asset class, it doesn’t necessarily mean that liquidity “left” Bitcoin.

Sometimes it simply means traders are using the same platform to express their expectations across different markets.

And here, in my opinion, is an important change we need to watch:

Are we really seeing the beginning of a multi-asset market—rather than separate crypto markets from traditional markets?

Personally, I think the TradFi Perps numbers are worth monitoring because they reflect trader behavior more than the price of a single asset.

👇 Question
If you had all markets in one place, would you expand your trading—or would you focus only on the market you understand?
$BTC
#TradeFiPerpetual

Morgan Stanley Says Earnings Shield S&P 500 From Iran War

Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.

The team led by Michael Wilson points to resilient earnings and continued economic recovery as reasons the S&P 500 has fallen less than 10% since hitting a record high in January. Beneath the surface, they see evidence that stocks are in the “final phase” of a correction. #TradeFiPerpetual