A leading exchange launches TradFi perpetual contracts, bringing gold and silver trading into the crypto market.

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【BlockBeats】Recently, there has been an interesting product development— a major exchange has officially launched TradFi perpetual contracts, which means traditional financial assets are beginning to enter the crypto contract trading space.

In simple terms, these contracts are settled in USDT, allowing you to trade their price fluctuations without actually buying gold bars or silver. The margin and settlement logic are exactly the same as existing crypto perpetual contracts, but the underlying assets have shifted from digital assets to traditional assets.

The first two classic products went live on January 5th—gold (XAUUSDT) on a qualifying market, followed closely by silver (XAGUSDT) on January 7th. These two assets serve as market hedging tools and representatives of traditional assets, making them quite representative. The exchange stated that more TradFi perpetual contract products will be added continuously, all currently settled in USDT.

This approach is quite interesting, essentially bringing the convenience of 24/7 trading and market liquidity into traditional asset trading. For traders looking to allocate across assets, it offers more options.

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UnluckyMinervip
· 3h ago
Gold and silver are here, is the next step for stock indices as well? It feels like the trading platform is bringing the entire TradFi over.
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SquidTeachervip
· 01-09 03:14
Gold and silver are also leveraging, now traditional finance is really in our grasp. Isn't this move bringing us closer to on-chain commodity markets? It feels like there’s quite a lot of room for imagination.
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All-InQueenvip
· 01-08 08:38
Can you trade contracts with gold and silver? Damn, now you can leverage on everything. Traditional finance is completely being disrupted.
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GateUser-addcaaf7vip
· 01-08 08:35
Can you leverage gold and silver too? Now really, everything can be futures.
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HorizonHuntervip
· 01-08 08:25
Gold and silver have arrived. Is crude oil futures next? Traditional finance is really about to be eaten up.
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MidnightTradervip
· 01-08 08:22
Gold and silver are entering the crypto world, really getting obsessed with playing.
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