Recently, there has been an interesting phenomenon—leading exchanges are no longer satisfied with pure crypto asset trading and are starting to bring traditional financial products onto the blockchain.



Some top exchanges recently officially launched TradFi perpetual contract products, starting with two classic assets: gold and silver. Users can settle directly with USDT and trade these traditional assets around the clock using leverage tools, without the need to physically hold gold or silver.

They have also put effort into technical details—adopting a dual mechanism of index price and smoothed mark price to ensure price stability during non-trading hours, enabling truly continuous 24/7 trading. They plan to expand to other contract varieties in the future.

This actually reflects a new trend among exchanges: evolving from single crypto asset trading to comprehensive trading platforms covering all asset classes. On-chain traditional assets, futures trading, cross-asset arbitrage—these once-imagined concepts are now truly becoming a reality.
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AirdropHunterXMvip
· 01-11 07:54
Wow, gold and silver can now be traded with 24-hour leverage? Traditional finance is really about to be disrupted.
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SneakyFlashloanvip
· 01-10 17:09
Can you leverage both gold and silver? Now you can really trade everything, exchanges are getting greedier.
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DataOnlookervip
· 01-08 10:02
Gold and silver can now be traded with leverage 24/7, this is really going to disrupt traditional finance. What are exchanges thinking? Still want to monopolize all asset classes? With dual mechanisms and smooth pricing, it sounds impressive, but in reality, they just want to harvest more retail investors. The name "comprehensive trading platform" sounds pretty big, but I'm just worried it might end up being another major scam. With such a large arbitrage space, retail investors playing with leverage is really risky. On-chain traditional financial products—that's the real deal. Exchanges are increasingly resembling "one-stop supermarkets," it feels like a big change is coming. How long has this TradFi contract been online? Has it ever run away?
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NFTFreezervip
· 01-08 10:01
Damn, gold and silver are all moved on-chain now, so really anything can be leveraged... Betting on gold price fluctuations can also lead to liquidation, unbelievable. The exchange's move is quite aggressive, directly challenging traditional finance's bread and butter. Trading gold 24/7? Just thinking about it is exciting... a slip of the finger and the account is gone. People have been talking about bringing traditional assets on-chain for a long time, didn't expect it to actually be possible. If this is done well, what use will gold and silver accounts have in the future... just settle everything with USDT. Dual mechanisms to prevent market crashes? Looks quite professional, but you still need to watch out for slippage.
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SoliditySlayervip
· 01-08 09:59
Gold and silver can also be traded 24/7? Now exchanges are really about to dominate the market, traditional finance probably can't sit still anymore.
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SatoshiLeftOnReadvip
· 01-08 09:59
Gold and silver can now be traded with 24-hour leverage as well. Traditional finance has truly been moved onto the blockchain.
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LiquidatorFlashvip
· 01-08 09:58
It sounds like a good thing, but my main concern is what exactly is the collateralization ratio set at? The dual price mechanism sounds professional, but in extreme market conditions, will mark price slippage trigger chain liquidations? If a low-volatility asset like gold suddenly gaps and jumps, could the lending position explode in an instant...
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Ser_APY_2000vip
· 01-08 09:57
Gold and silver can now be traded with 24-hour leverage? This is a complete disruption to traditional finance, and exchanges are becoming more and more ambitious.
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StablecoinGuardianvip
· 01-08 09:38
Starting to compete with traditional finance again, this time it's gold and silver. Next time, will crude oil futures also go on-chain?
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