Binance API update hints at stock perpetual contracts as exchanges eye TradFi markets
Binance's API documentation update suggests preparation for launching stock perpetual contracts, signaling interest in traditional finance derivatives.Summary
Binance recently updated its derivatives API documentation, adding a new REST endpoint, POST /fapi/v1/stock/contract, which requires users to sign a "TradFi-Perps agreement contract." This strongly suggests the exchange is building infrastructure for stock-linked perpetual futures, although no official launch has been announced. Stock perpetuals extend the crypto derivatives model—offering 24/7 leveraged trading on equities settled in stablecoins—appealing to offshore venues due to the multi-trillion-dollar asset class. This move aligns with broader industry momentum toward real-world asset (RWA) derivatives, as competitors like Bybit and Kraken offer tokenized stocks, and decentralized platforms like Ostium specialize in RWA perpetuals.
(Source：The Block)