Binance's U.S. stock tokens see average daily volume of $143M

Binance's U.S. stock products have recorded an average daily trading volume of approximately $143 million in the nine days since their launch, according to CoinDesk Research. This figure surpasses the spot market's daily peak of $35 million to $40 million for stock tokens. Binance currently offers trading for over 7,000 U.S. stock and ETF tokens. Additionally, the trading volume share of stock-based perpetual futures within the TradFi category grew from around 10% in early May to about 40% by the end of the month.