Binance Launches Perpetual Contracts for Spot Gold and Silver Under TradFi Perps
According to Binance’s official statement, USDT-settled “TradFi Perps” for gold and silver trade 24/7 and are offered via affiliate Nest Exchange Limited.
USDT
Fact Check
The evidence strongly supports the statement's truthfulness. The most authoritative and relevant source is a press release directly from Binance, which explicitly confirms every component of the statement: the launch of perpetual contracts, the inclusion of both gold and silver, and the specific product line name 'TradFi Perps'. This primary source evidence is dispositive. Furthermore, the core activities—the launch of gold and silver contracts—are independently corroborated by multiple other high-authority news sources, including Yahoo Finance and CoinDesk. While these secondary sources do not mention the 'TradFi Perps' branding, this is an omission rather than a contradiction. It is common for news reports to focus on the traded assets rather than the specific marketing name of the product line. As there is no conflicting evidence and the company's own press release validates the entire claim, the statement is assessed as highly likely to be true.
Summary
In an official announcement on January 8, 2026, Binance said it launched “TradFi Perpetual Contracts” linked to traditional assets, starting with gold (XAUUSDT) on January 5 and silver (XAGUSDT) on January 7. Both contracts settle in USDT and trade 24/7, according to the company’s statement. The products are offered via affiliate Nest Exchange Limited.
Terms & Concepts
- Perpetual contracts: Derivatives without a fixed expiry that track an underlying asset’s price and are commonly used in crypto markets.
- TradFi Perps: Binance’s perpetual derivatives referencing traditional financial assets such as commodities.
- USDT: A U.S. dollar–pegged stablecoin used for margin, settlement, and pricing in crypto derivatives.