Binance is deepening its push into traditional assets. According to The Block on September 1, the exchange has listed options linked to over 1,000 US stocks and ETFs, available only to users outside the United States.
Traditional Securities Options, Physically Settled
These options are traditional securities options, not tokenized stocks or crypto perpetuals. The contracts are offered through Binance's Abu Dhabi entity, Nest Trading Limited, in partnership with US-licensed broker Alpaca Securities. They follow US stock trading hours and are physically settled in the underlying shares, rather than settled as blockchain tokens. Initially, only long positions are allowed: users can buy calls and puts, but cannot sell options or establish naked short positions.
Traditional Asset Perpetuals Surge
The listing reflects Binance's rapid expansion in traditional asset derivatives. Citing data from The Block, Binance's TradFi perpetual trading volume reached approximately $433.4 billion in August, up about 15 times from $29.5 billion in January. Equity-linked perpetuals accounted for roughly 79% of that, with about $342.9 billion in volume, a more than 800-fold increase from around $410 million in January.
From tokenized securities and perpetuals to now options, Binance is progressively bringing traditional asset trading onto its crypto platform.