After the Binance wallet launched the stock token section, today Binance futures officially launched the traditional futures section TradFi, with the first listed product being: London Gold XAU / USDT perpetual contract.

According to the introduction, unlike the always-open token contracts, traditional asset contracts (such as gold XAU) usually adopt a 24 hours x 5 days open trading model, with a daily maintenance time of 1 hour.

Previously, Binance launched the gold stablecoin PAXG, and this time it is directly the futures contract for gold, all settled in USDT,

$XAU $PAXG