Binance Research: TradFi perpetual contracts capture 28% of crypto futures

Binance Research reports that trading volumes of traditional‑finance perpetual contracts (perps) on crypto exchanges grew ten‑fold in 2026, reaching $691 billion and accounting for 28 % of total crypto futures volume. The surge was driven by capital migration and hedging demand, while tokenized stocks saw slower growth, with only a 3.2 % month‑on‑month increase.

In parallel, real‑world asset (RWA) tokenisation accelerated, with RWA deposits tripling to $7.4 billion in Q2 2026 and tokenized funds, stocks and commodities surpassing $40 billion in assets. Major financial firms launched on‑chain products: J.P. Morgan Asset Management introduced its second tokenised money‑market fund (JLTXX) on Ethereum, while BNY Mellon and Goldman Sachs rolled out controlled tokenised fund platforms. BlackRock’s BUIDL token held $2.70 billion, underscoring growing institutional adoption of blockchain‑based asset structures.