Crypto Exchanges News

ETF Perpetual Futures Surpass $116 Billion in Seven Months — Binance Captures 74% Market Share

Nana K.
23 July 2026 3 min read

From January to July 2026, total trading volume of perpetual contracts on ETFs exceeded $116 billion. We break down this rapidly growing crypto segment.

In July, these instruments accounted for 19% of total trading volume in real-world asset (RWA) contracts. The average monthly growth rate over the past seven months hit 170%. Binance became the market leader with a 74% share. ETF contracts provided about 30% of TradFi-Perps turnover on the platform.

Hot topic: Bitcoin’s Bear Market May End Before the Four-Year Cycle Predicts

At the start of 2026, weekly segment volume was near zero. In July, it reached $30 billion, implying an annualized run rate of about $700 billion. Total historical TradFi-Perps volume from January to July exceeded $1.6 trillion, with ETFs accounting for 7.25%.

Source: Binance Research.
Source: Binance Research.
Contents

Why Korean ETFs and Semiconductors Dominate on Binance

The turnover leader was SOXL, a triple-leveraged semiconductor index fund. It was followed by Korean funds KORU and EWY, then QQQ and SPY. Analysts highlighted two reasons:

  • Leverage demand: Binance users hold about 73% of their equity portfolio in the tech sector.
  • Accessibility: KORU and EWY track Korean stocks but trade during US market hours, barely overlapping with the Asian session.

Binance perpetual futures fill that gap with 24/7 pricing. In July, KORU perpetual turnover was 148% of the fund’s own trading volume: $16.16 billion versus $10.89 billion.

Read more: Top RWA Crypto Projects 2026 — Ondo, Maple, Centrifuge

The Segment Is Less Than 1% of the ETF Market — But Could Grow 15x

The global ETF market hit a record $23.09 trillion. In the first half of 2026, ETF turnover exceeded $40 trillion, up 50% year-over-year. In March, monthly volume hit an all-time high of $7.8 trillion. Against that backdrop, the current $100 billion in perpetual turnover is less than 1% of March’s figure.

If the segment captures 10% of that volume, monthly turnover could hit $780 billion. At 20%, it could reach $1.56 trillion–a potential 7.8 to 15.6 times increase from current levels.

Read more: Changpeng Zhao (CZ) After Binance — What Is He Doing in 2026?

Binance Partners With STOP THE TRAFFIK to Combat Human Trafficking

Alongside its product expansion, Binance announced a partnership with STOP THE TRAFFIK to strengthen anti-money laundering efforts related to human trafficking and child exploitation. The exchange will gain access to specialized intelligence and training from the Intelligence-led Prevention Center.

The partnership aims to identify emerging criminal schemes and strengthen compliance operations–coming after a WSJ report on possible sanctions violations, which Binance denied. According to NASDAQ, human trafficking generated about $528.5 billion in illicit revenue in 2025.

Learn more: What Happens to Binance Without EU Users? The World’s Largest Crypto Exchange Faces Its Biggest Test Yet

Nana K.

Crypto journalist and content creator specializing in market analytics, regulatory developments, and the social impact of cryptocurrency. With experience at BeInCrypto and Cointelegraph, she covers both breaking news and creative…