【BlockBeats】Recently, there has been an interesting phenomenon—on January 5th, a leading exchange officially launched the TradFi sector, opening it to global users. In simple terms, users can directly trade foreign exchange, precious metals, indices, and commodities using USDT, with the first batch covering 79 categories.
The data is quite impressive. Less than two weeks after launch (internal testing started in late December), the number of applicants exceeded 80,000, and the trading volume surged to $10 billion. What does this indicate? Many traders truly want to manage all asset classes on a single platform.
On the technical side, efforts have also been made. In terms of liquidity, top-tier suppliers have been integrated to maintain a stable order book; leverage supports up to 500x, especially for forex and gold, which respond more sensitively. As for fees, they are much lower than those in the crypto market, with the minimum being $0.09 per lot. Security is backed by the FSC (Financial Services Commission) regulatory framework, making it relatively reliable.
In essence, this approach breaks down the barriers between traditional finance and the crypto world. A single platform allows trading cryptocurrencies, forex, and precious metals, making life much easier for traders. Cross-market arbitrage and diversified allocation can be done within the same ecosystem, eliminating the need to juggle multiple accounts and transfers.
Of course, this also reflects a major trend: true traders don’t care whether assets are crypto or traditional financial products—they want good liquidity, low costs, and high efficiency. Whoever can achieve these on one interface will win.
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LiquidityWizard
· 01-08 09:59
actually, 100B in two weeks screams demand aggregation more than adoption... statistically significant? sure, but risk-adjusted figures would paint a different picture tbh
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DAOdreamer
· 01-05 10:42
Oh my God, 10 billion in trading volume in just two weeks? Are they crazy?
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500x leverage sounds great, but do people really dare to use it? I think most will get liquidated.
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Finally no need to open so many apps, all-in-one is really comfortable.
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Is $0.09 in fees really that low? Is there some trick I haven't seen?
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FSC endorsement means it's safe? Laughing out loud, better to be cautious.
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This way, TradFi is really going to be swallowed by crypto, traditional finance should also be worried.
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80,000 applications in two weeks, this hype is crazy, feels like the next hot trend.
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One platform handling forex, gold, and cryptocurrencies, the idea is good but can it really be executed?
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I wouldn't dare to try 500x leverage, my heart can't handle it.
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Why does it feel like a single market wave can wipe out a bunch of people?
Exchange launches TradFi products: Behind the $10 billion trading volume, the boundaries between traditional finance and crypto are becoming blurred
【BlockBeats】Recently, there has been an interesting phenomenon—on January 5th, a leading exchange officially launched the TradFi sector, opening it to global users. In simple terms, users can directly trade foreign exchange, precious metals, indices, and commodities using USDT, with the first batch covering 79 categories.
The data is quite impressive. Less than two weeks after launch (internal testing started in late December), the number of applicants exceeded 80,000, and the trading volume surged to $10 billion. What does this indicate? Many traders truly want to manage all asset classes on a single platform.
On the technical side, efforts have also been made. In terms of liquidity, top-tier suppliers have been integrated to maintain a stable order book; leverage supports up to 500x, especially for forex and gold, which respond more sensitively. As for fees, they are much lower than those in the crypto market, with the minimum being $0.09 per lot. Security is backed by the FSC (Financial Services Commission) regulatory framework, making it relatively reliable.
In essence, this approach breaks down the barriers between traditional finance and the crypto world. A single platform allows trading cryptocurrencies, forex, and precious metals, making life much easier for traders. Cross-market arbitrage and diversified allocation can be done within the same ecosystem, eliminating the need to juggle multiple accounts and transfers.
Of course, this also reflects a major trend: true traders don’t care whether assets are crypto or traditional financial products—they want good liquidity, low costs, and high efficiency. Whoever can achieve these on one interface will win.