[Alpha Biz= Kim Jisun] Binance’s newly launched perpetual futures products tied to South Korean equities have recorded more than 760 billion won (approximately $760 million) in trading volume within a week of launch, highlighting strong global investor demand—particularly for AI-related semiconductor stocks.
According to Binance on June 8, cumulative trading volume for stock-based perpetual futures linked to Samsung Electronics (SAMSUNGUSDT), SK Hynix (SKHYNIXUSDT), and Hyundai Motor Company (HYUNDAIUSDT) reached $409.47 million (approximately 766.1 billion won) between June 2 and 2:00 p.m. on June 8.
By individual asset, SK Hynix led trading with $392.38 million (about 607.6 billion won), followed by Samsung Electronics at $70.72 million and Hyundai Motor at $31.62 million. Notably, SK Hynix trading volume was approximately 5.5 times higher than that of Samsung Electronics, indicating concentrated investor interest in AI semiconductor plays.
Daily trading activity also remained strong, exceeding $100 million on both June 7 and June 8.
These products are not spot equities but perpetual futures contracts that track underlying stock prices. Traders can take positions on price movements with leverage of up to 20 times, with transactions settled in Tether and available for 24-hour trading.
This marks the first time Binance has introduced derivatives based on South Korean equities. The exchange has been rapidly expanding its product lineup, including the recent launch of a SpaceX pre-IPO perpetual futures product, which recorded approximately $279.61 million in trading volume over five days.
On June 7 alone, the SpaceX perpetual futures product generated $8.88 million in trading volume, underscoring continued investor interest.
Industry observers note that cryptocurrency exchanges are increasingly absorbing demand beyond digital assets, expanding into equities, derivatives, and even private market exposure.
Futures trading remains a core business for Binance. Earlier this year, the exchange introduced perpetual futures tracking gold and silver prices, followed by products linked to major U.S. tech stocks such as Meta, NVIDIA, and Alphabet.
As competitors such as Coinbase and Kraken expand into stock-related services, the boundary between cryptocurrency platforms and traditional financial markets is increasingly blurring.
Market participants also point to a growing shift of capital from crypto assets into AI-related equities and large IPO candidates, amid rising expectations for listings of companies such as SpaceX, Anthropic, and OpenAI.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
