Bullish
Binance to Launch Perpetual Contracts for PayPal, Goldman Sachs, and VanEck ETFs
2026-07-29 14:22:21
Binance introduces stock and ETF perpetuals for PYPL, GS, and SMH with 20x leverage, expanding derivatives offerings beyond crypto assets.
Woofun AI reports that Binance will introduce perpetual contracts for PayPal (PYPLUSDT) at 17:00 Beijing time on July 29, 2026. Goldman Sachs (GSUSDT) and VanEck semiconductor ETF (SMHUSDT) perpetuals will follow at 17:05 and 17:10 respectively. All three products carry a maximum leverage of 20x.
WOOFUN AI
Impact Assessment · Quick Read
The expansion into traditional equity and ETF derivatives marks a significant regulatory and product diversification step for Binance. By offering leveraged exposure to major financial institutions and tech sectors, the exchange may attract institutional liquidity seeking non-crypto hedging tools. However, this move also increases regulatory scrutiny risks in jurisdictions where stock trading is restricted.
Generated by WOOFUN AI · For reference only, not investment advice
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