看不懂的SOL
看不懂的SOL|Aug 05, 2026 08:21
At present, the price of the US stock market has been found to be moving from the opening of the exchange to 7 × 24 and on chain! I think many people haven't really realized this yet. Previously, we understood traditional assets such as US stocks, South Korean stocks, and ETFs, and price discovery revolved around a core: Wait for the exchange to open. The financial report is out, wait for it. Industry news is out, wait for it. If something big happens on the weekend, it's better to wait. But the crypto market is different. It was born 7 × 24. As long as there is information, expectations, and trading demand, prices will start to move. The data from Binance TradFi this time can well illustrate this change. From July 24th to 30th, Binance TradFi's perpetual weekly transactions reached $129.5 billion. On July 29th, the daily transaction reached 35.6 billion US dollars. The top five single day transactions in history all occurred in July 2026. This indicates that Binance has not simply added a "US stock contract function". But rather, it is integrating traditional assets into the trading system that cryptocurrency users are already familiar with. For cryptocurrency enthusiasts, this change is crucial. Previously, if I wanted to participate in the US stock market, I had to switch to a brokerage account. We have to wait for the opening. To handle deposit, exchange, time zone, and trading habits. But now, in Web3 portals like Binance, users can observe and trade US stock related exposures in a more familiar way: Stable coin account, 7 × 24 market, Contract liquidity, On chain asset logic, In addition, bStocks is a tokenized stock path. This does not mean that it completely replaces traditional securities firms. But for many Crypto users, the US stock market is no longer another distant market, but has begun to become a type of asset next to cryptocurrency accounts. BTC、ETH、 Stablecoins, US stock contracts, AI stocks, and semiconductor ETFs are increasingly being put into the same investment interface. This is the core significance of Binance's investment in TradFi. It doesn't just want to add one more trading category. But I want to incorporate traditional financial assets into the trading time and fund flow of Web3. Let's take another look at the storage section. The five targets of SNDK, SKHYNIX, SOXL, and MAMericaKHY sold a total of $73.3 billion, accounting for 57% of Binance TradFi's weekly transactions. Why storage? Because the storage industry chain naturally spans across US and Korean stocks ADR、ETF。 Micron is in the US stock market, Hynix is in the Korean stock market, SKHY is an ADR path, and SOXL has semiconductor leverage ETF attributes. These assets are not on the same exchange or in the same time zone. But industry news is on the same line. AI server HBM、DRAM、NAND、 Financial report guidance, this information will not wait until the exchange opens for trading. So when traditional markets are closed, global funds still need to express their views. At this point, the 7 × 24 market began to take on this demand. Additionally, I have discovered an interesting phenomenon: Store 51% of the top five trades, occurring outside of the trading hours on the US or Korean stock exchange. That is to say, the materials outside the plate are not scraps. Off the market itself is becoming a part of price discovery. On July 30th, on the Binance platform. About 6 hours before the US stock market opened, SNDK, SKHYNIX, and SKHY had already risen synchronously. After the US stock market opens, we will confirm this out of hours price. The logic behind this is not that 'Binance determines US stock prices'. But rather: The information appears first, The off market will absorb first, Verify after the traditional market opens. Additionally, the data from bStocks also indicates the same direction. As of July 28th, $1.5 billion worth of bStocks have been traded on Binance during the US stock market shutdown. Over the past seven weekends, the median pricing ratio of bStocks for the opening gap on Monday reached 92%. This indicates that weekends are no longer just waiting areas. The on chain and crypto markets are absorbing some of the expected changes in traditional stock assets ahead of schedule. Of course, this does not mean a steady profit. 7 × 24 trading only expands the observation window and trading window. It does not mean that every out of market price will be confirmed at the opening. It does not mean that ordinary people can make stable money through off market fluctuations. Especially TradFi perpetual itself involves contract and leverage risks, and fluctuations will be amplified. BStocks also has product rules, regional restrictions, liquidity, and structural risks. But the trend is clear: The price discovery of traditional assets is extending from single exchange periods to crypto and on chain markets. Previously, it was: The US stock market opened, followed globally. Now it's becoming more and more like: Global information flows first in the 7x24 market, Then the traditional exchange opens for confirmation. This is not about traditional finance being replaced. But traditional assets are being integrated into a new time system. The market can be closed, But information will not be closed. What truly matters in the future is not just which exchange you trade on, But it's about whether you can understand where the price first started to form.
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