Binance adds options trading on 1,000 US stocks and ETFs
DeFi & Yields ·
The exchange has expanded into physically settled options contracts covering a broad swath of US equities and exchange-traded funds, deepening its push into traditional financial markets.
Binance confirmed the launch of options trading spanning 1,000 US stocks and ETFs, with contracts settled physically rather than in cash, according to an announcement on Binance's site. Physical settlement means that, upon exercise, the underlying shares or ETF units actually change hands, rather than the position being closed out for a cash difference — a structure more common in conventional equity options markets than in most crypto derivatives products.
The launch lands alongside a broader surge in Binance's TradFi-linked derivatives activity. Monthly volume in the exchange's perpetual futures tied to traditional financial instruments has climbed to $433.4 billion, according to The Block, suggesting demand for stock- and ETF-linked exposure on the platform extends well beyond this new options product alone.
The move fits a pattern of Binance layering conventional financial instruments onto its existing crypto infrastructure. The exchange has separately expanded its Convert feature to support recurring buys of tokenized securities from Ondo, another sign of its build-out around tokenized and traditional asset access points. Together, these launches point to an exchange trying to position itself as an on-ramp not just for crypto assets but for exposure to US equities and funds, using the settlement and trading rails it already operates.
What remains unclear from the available material is which specific stocks and ETFs are included among the 1,000 underlying assets, what margin or eligibility requirements apply to traders seeking access to the options, and whether the product is available globally or restricted by jurisdiction. It is also not established how the new options volume compares to Binance's existing derivatives book, or whether the $433.4 billion in monthly TradFi perpetual futures volume includes activity generated by the options launch itself. Further detail on regulatory treatment of the product, particularly given Binance's history of scrutiny over derivatives offerings, has not been disclosed in the material reviewed.