Key highlights:
- Binance has launched European-style, USDT-settled options for gold and silver
- The exchange said the launch follows strong demand for its commodity perpetual futures, which have recorded peak daily trading volumes above $7 billion
- The new products let users trade precious metals without owning the underlying assets, with retail traders limited to buying options
Global cryptocurrency exchange Binance has launched USDT-settled options on gold and silver, expanding its traditional finance offerings. The exchange noted that the new products will allow users to trade or hedge the movement of precious metals without owning the underlying assets.
Binance unveils gold and silver options for users
The new products are European-style options settled entirely in USDT, meaning they can only be exercised at expiration and do not involve the delivery of physical gold or silver.
Binance said the contracts track a weighted average of prices from multiple independent third-party market data providers, creating a benchmark that does not rely on a single token. Retail traders can buy both call and put options but cannot write or sell option contracts.
According to the statement, Binance disclosed that it will restrict options writing to designated market makers, limiting retail users to defined-risk positions where the maximum possible loss is the premium paid.
To encourage adoption, Binance is offering zero-maker fees and 0.020 taker fees on commodity options for a limited promotional period. The exchange said it also plans to expand its options lineup to additional underlying assets in the future.
The latest launch further expands Binance’s strategy of integrating traditional finance products into its crypto-native platform. Alongside cryptocurrencies, users can now access commodities through derivatives and a growing selection of tokenized equities on the platform.
Binance builds on demand for commodity futures
According to Binance, its gold perpetual futures have reached a peak daily trading volume of $7.77 billion, while silver perpetual futures have recorded a peak of $7.27 billion. The exchange noted that those volumes represented roughly 3% to 8% of COMEX gold trading activity and 9% to 20% of COMEX silver trading activity at the same time.
“We’ve seen strong demand for our commodity perpetuals since introducing them earlier this year, and commodity options build on that momentum,” said Shunyeet Jan, Binance’s head of exchange and trading.
Jan added that gold reaching new highs in 2026 has triggered investors to seek inflation hedges outside of traditional equities. The executive noted that Binance’s new offerings provide a crypto-native and compliant way to diversify without leaving the platform.
However, Binance has come under fire for failing to comply with regulatory requirements in several jurisdictions. Things reached a peak when Binance exited the EU after failing to become MiCA-compliant, with other exchanges jostling over its customer base in the region.
Amid the regulatory standstorm, CZ has declared support for a simplified crypto licensing system across ASEAN, arguing that firms do not need to apply for a new license in every country.
Source:: Binance Launches Gold and Silver Options After Billions in Futures Trading