Binance is expanding beyond crypto to launch the eternal future of gold and silver
Products listed as XAUUSDT and XAGUSDT are designed to track the price of gold and silver on the chain. The contracts will be operated under the ADGM framework in Abu Dhabi under FSRA regulations. Other major exchanges offer perpetual contracts linked to precious metals, reflecting increased demand.
Binance has expanded its portfolio by adding perpetual futures linked to gold and silver, showing a push for digital assets.
The move reflects a growing interest among crypto-native traders to gain exposure to traditional secure markets through the popular onchain infrastructure.
The exchange is positioning itself at the intersection of commodity and crypto trading by listing 24/7 and no-expiration precious metals products.
Gold and silver prices have hit new record highs, attracting renewed attention from investors looking to hedge against volatility in global markets.
Precious metals are included in crypto derivatives.
The exchange said on Thursday that it has launched long-term futures contracts for gold and silver.
The products allow traders to predict price movements without holding the base metal and without worrying about the expiration date of the contract.
Mirroring the structure of crypto perpetuals that already dominate derivatives on major exchanges, trading is continuously available.
The contracts are listed under the symbols XAUUSDT and XAGUSDT. Both are designed to track the market price of gold and silver respectively.
Instead of physical settlement, positions are settled in Tether's USDT stablecoin, allowing traders to remain exposed to the value of the precious metals while staying within the crypto-based settlement system.
Settlement and market access
By settling contracts in USDT, Binance is extending the use of Storycoin beyond crypto-native assets to traditional commodity-related products.
This structure allows traders to gain price exposure without converting funds into fiat currencies or commodity-backed instruments.
It also eliminates the storage, delivery or custody arrangements associated with gold and silver.
The presentation shows how derivatives are used in crypto trading platforms to mirror traditional financial markets.
Binance has indicated that additional contracts related to traditional assets are planned, suggesting that commodities and other non-crypto markets may feature prominently in future product releases.
Regulatory framework in Abu Dhabi
Gold and silver exchanges are offered through Next Exchange Limited, part of Binance, which operates within the framework of the Abu Dhabi Global Market.
The contracts are regulated by the Financial Services Regulatory Authority, Binance holds the relevant licenses in the ADGM.
This regulatory configuration is central to Binance's efforts to expand its derivatives catalog while maintaining compliance in key jurisdictions.
Just as Tether chose not to seek authorization under the European Union Markets in the Crypto-Assets framework, Abu Dhabi has become eligible for stablecoin use by allowing USDT to be used by Emirati-controlled companies.
Competition and the need for a safe place
Binance is not the only one offering perpetual contracts related to precious metals.
Other exchanges active in this segment include Coinbase, MEXC, BTCC, BingX, and Bybit, although Bybit is currently limited to gold-related perpetual offerings.
The increasing number of platforms listing such products has led to an increasing desire to integrate commodity exposure with crypto derivatives trading.
The timing of Binance's launch coincided with a period of high demand for safe-haven assets.
Both gold and silver recently climbed to new all-time highs, seen by investors as stores of value.
By enabling USD-denominated perpetual trading in these markets, Binance is anticipating that demand while maintaining activity in the existing ecosystem.
