Binance: Captures 65% Pre-IPO Perps Volume
Binance grabs 65% of Pre-IPO perpetuals with $400M+ volume in first week, taking 85% of OpenAI trades as SpaceX leads.
SourceAnalysis
Binance has seized around 65% of the Pre-IPO perpetuals category after posting $400M+ volume in its opening week, including multiple $100M trading days and 85% of OpenAI Pre-IPO volume, with SpaceX remaining the top name. The surge matches the early trajectory Binance recorded in equities and commodities perps, underscoring raw demand for pre-ipo perpetual futures contracts.
Cas Abbé
@cas_abbeBinance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.
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