tradfi

MEV

2026-09-29 06:56:10

MEV Is Not Eliminated by Design. It Just Moves to a Different Layer.

Jascha Samadi argues that maximal extractable value, or MEV, is not a flaw that certain architectures can simply remove. His core claim is narrower and more structural: wherever a system processes valuable shared state in sequence, ordering itself carries economic value. That value can be auctioned in public, embedded in legal arrangements, hidden inside bilateral relationships, or redirected to a shared pool, but it does not disappear. The article compares four settings. Ethereum turns ordering into an open market through searchers, builders, relays, validators, and order flow auctions. Canton removes the public market around ordering, yet still leaves discretion with sequencers and operators, especially in private deployments where most volume settles today. Traditional finance, Samadi writes, has spent decades packaging the same rent under labels such as payment for order flow, dark pools, and last look, with enforcement records showing how opaque systems can still monetize queue position and informational advantage. Hyperliquid takes a different route by openly auctioning execution priority and burning the proceeds, making the price visible rather than implicit. His conclusion is that the meaningful distinction is not whether MEV exists. The key questions are who controls ordering, whether access is competitive or assigned, whether the rent is observable or hidden, and where the proceeds ultimately go.

220

Binance

2026-09-29 04:46:22

Binance to roll out seven TradFi USDT-margined perpetual contracts

Binance said in an official announcement that Binance Futures will list seven TradFi USDT-margined perpetual contracts in batches between 17:00 and 17:30 on Sept. 29 (UTC+8). The new contracts are CRMLUSDT, BWETUSDT, ACNUSDT, MPUSDT, SECZUSDT, UNHUSDT, and NKEUSDT. Their underlying assets are Critical Metals, tanker shipping ETF BWET, Accenture, rare earth company MP Materials, Securitize, UnitedHealth, and Nike. According to the announcement, all of the contracts will be settled in USDT and offer leverage of up to 20x. The update expands Binance Futures’ TradFi-linked product lineup with exposure tied to a mix of equities and an ETF.

280

Gate

2026-09-29 01:00:06

Gate data shows USD/CNH at 6.7076 as gold, European equities edge higher

Gate’s latest market data showed a mixed session across foreign exchange, commodities and global equity indices. In FX, USD/CNH fell 0.07% on the day to 6.7076, while USD/JPY slipped 0.01% to 157.351. In precious metals, gold rose 0.05% to $4,117.87 per ounce and silver gained 0.25% to $60.643 per ounce. Equity index moves were also split. The Euro Stoxx 50 advanced 0.4% to 6,342.16, while the UK100 dipped 0.01% to 10,719.9 and Germany’s DAX40 fell 0.16% to 25,478.2. In energy markets, WTI crude dropped 0.14% to $96.93 a barrel, while Brent crude added 0.51% to $103.69 a barrel. Gate said users can trade traditional financial market products directly on the platform, including precious metals, foreign exchange, global stock CFDs, key indices and commodities. The company said its TradFi features have been fully integrated into the Gate app and web platform, allowing users to access global asset price trading without switching between platforms.

310

Binance

2026-09-28 04:46:10

Binance Futures to list multiple USDⓈ-margined perpetual contracts tied to traditional financial assets

Binance Futures will launch multiple USDⓈ-margined perpetual contracts linked to traditional financial assets on Sept. 28, 2026, according to a notice cited by Techub News. The exchange did not disclose the specific assets in this update. Binance said details on which instruments will be listed, along with their launch times, will be announced separately. The information was attributed to a Binance announcement.

240

Binance

2026-09-28 04:46:44

Binance Futures to List Five USDT-Margined TradFi Perpetual Contracts on Sept. 28

Binance Futures said it will roll out five USDT-margined TradFi perpetual contracts on Sept. 28, 2026, according to an official announcement. The listings will be staggered across five launch times in Beijing time, starting at 17:00. OKLOUSDT will go live first, followed by TWSTUSDT at 17:05, CVNAUSDT at 17:10, RUMUSDT at 17:15, and XOMUSDT at 17:20. The notice lists all five products as USDT-settled perpetual contracts on the Binance Futures platform. No additional contract details were included in the brief announcement provided here. The schedule shows the exchange adding the contracts in five-minute intervals on the same day.

250

Gold

2026-09-28 01:01:00

Gold and silver fall in tandem as USD/CNH and USD/JPY edge higher

Gate data showed a broad set of cross-asset moves during the day, led by declines in precious metals. Gold fell 1.11% to $4,230.92 per ounce, while silver dropped 1.6% to $62.927 per ounce. In foreign exchange, USD/CNH rose 0.04% to 6.72299 and USD/JPY added 0.38% to 157.801. Major equity indexes in Europe were mixed: the Euro Stoxx 50 gained 0.35% to 6,343.54, the UK100 was up 0.02% to 10,720.5, and Germany’s DAX40 slipped 0.04% to 25,492.1. Energy prices also moved lower, with WTI crude down 0.1% to $96.86 a barrel and Brent crude down 0.15% to $103.17. Gate said its platform supports direct trading of traditional financial market products, including precious metals, foreign exchange, global stock CFDs, key indexes and commodities, with related TradFi functions integrated into both its app and web platform.

340

Gate

2026-09-22 01:01:00

Gate data shows silver at $66.471 an ounce as gold and oil also move higher

Gate’s latest market data showed gains across several major asset classes, led by silver, which rose 1.21% on the day to $66.471 per ounce. Gold also moved up, reaching $4,360.22 per ounce for a daily gain of 0.37%. In foreign exchange, USD/CNH slipped 0.01% to 6.69184, while USD/JPY added 0.05% to 157.361. European equities were mixed but mostly firmer: the Euro Stoxx 50 climbed 1% to 6,337.08, the UK100 edged up 0.06% to 10,756.6, and Germany’s DAX40 fell 0.05% to 25,643. In commodities, WTI crude rose 0.77% to $97.32 a barrel and Brent crude gained 0.39% to $101.8 a barrel. Gate said users can trade traditional financial market products directly on the platform, including precious metals, foreign exchange, global stock CFDs, key indexes, and commodities. The company added that its TradFi-related functions have been fully integrated into the Gate app and web platform, allowing users to access global asset price trading without switching platforms.

400

Gate

2026-09-21 13:31:10

Gate data shows WTI crude down 3.91% to $97.5 a barrel, Brent at $101.97

Gate’s latest market data showed a broad mix of moves across commodities, precious metals, foreign exchange and European equity indexes. WTI crude fell 3.91% on the day to $97.5 per barrel, while Brent crude dropped 2.2% to $101.97 per barrel. In precious metals, gold slipped to $4,360.01 per ounce, down 0.33% intraday, while silver rose 0.83% to $66.468 per ounce. In FX, USD/CNH edged down 0.02% to 6.69131, and USD/JPY climbed 0.35% to 157.31. European stock benchmarks also moved higher, with the Euro Stoxx 50 up 0.67% to 6,316.08, the UK100 up 1.1% to 10,757.6, and Germany’s DAX40 up 0.98% to 25,597.3. Gate said users can directly trade traditional financial market products on its platform, including precious metals, foreign exchange, global stock CFDs, major indexes and commodities. The company added that its TradFi features have been fully integrated into both the Gate app and web platform.

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