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BingX has reported that its TradFi perpetual futures offering reached over $2 billion in 24-hour trading volume, doubling from the previous week. The cryptocurrency exchange and Web3-AI company attributed the increase primarily to perpetual gold trading, which accounted for more than $1.5 billion of the total volume.
The platform's TradFi offering is integrated across several areas of the BingX ecosystem. Perpetual futures coverage includes commodities, forex, stocks and indices with leverage of up to 500x. The exchange also provides copy trading functionality for TradFi instruments and supports real-world asset tokens such as Ondo and xStocks on its spot markets. BingX AI Bingo has been integrated to support trade discovery and execution.
Vivien Lin, Chief Product Officer, BingX
Vivien Lin, Chief Product Officer, BingX said:
Five years ago, discussions centred on whether crypto could rival gold or equities as a store of value. Today, users can trade gold and equities directly using crypto. These two parallel shifts: the maturation of crypto markets and the tokenisation and perpetualization of traditional assets, are converging and fundamentally reshaping how global finance operates.
BingX has launched a trading volume competition for TradFi perpetual futures with a prize pool of up to 200,000 USDT. The pool increases based on total trading volume across all participants.
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