Binance Korean Stock Perpetual Futures Reach $12.7 Billion Volume

Binance perpetual futures contracts tracking South Korean stocks reached cumulative trading volume of approximately $12.677 billion (approximately 19.5 trillion won) across five products, according to analysis by Digital Asset on the 29th. The analysis examined USD-M perpetual futures market data for SKHYNIXUSDT, SAMSUNGUSDT, HYUNDAIUSDT, EWYUSDT, and KORUUSDT since their respective launches. Perpetual futures are derivative products unique to digital asset markets that trade 24 hours without expiration dates and feature high-leverage multipliers.

SKHYNIXUSDT Leads with $6.66 Billion Trading Volume

SKHYNIXUSDT recorded the highest cumulative trading volume at approximately $6.66 billion (approximately 10.2451 trillion won). This perpetual futures contract tracks SK Hynix stock price and launched on the 2nd. The product's leverage limit was recently increased from 20x to 50x. Korean users cannot access this product.

EWYUSDT ranked second with cumulative trading volume of approximately $4.66 billion (approximately 7.1685 trillion won). This perpetual futures contract tracks EWY (iShares MSCI Korea) listed on the New York Stock Exchange and launched on March 16. The product offers 10x leverage and is available to Korean users.

KORUUSDT recorded cumulative trading volume of approximately $811.8 million (approximately 1.2468 trillion won). This perpetual futures contract tracks KORU (Direxion Daily MSCI South Korea Bull 3X ETF) listed on NYSE and launched on the 22nd. KORU applies 3x leverage to South Korea's KOSPI index, and KORUUSDT allows additional 50x leverage, enabling maximum 150x leverage exposure to KOSPI movements. Korean users can access this product.

SAMSUNGUSDT followed with $489.3 million (approximately 753 billion won), and HYUNDAIUSDT recorded $53.4 million (approximately 82.2 billion won). These perpetual futures contracts track Samsung Electronics and Hyundai Motor stock prices respectively. Both launched on the 2nd with 50x maximum leverage and are restricted for Korean users.

FAQ

What is the total trading volume for Binance perpetual futures tracking Korean stocks?

The cumulative trading volume across five Binance perpetual futures products tracking South Korean stocks reached approximately $12.677 billion (approximately 19.5 trillion won) according to Digital Asset analysis on the 29th.

Which Binance perpetual futures product tracking Korean stocks has the highest trading volume?

SKHYNIXUSDT, which tracks SK Hynix stock price, recorded the highest cumulative trading volume at approximately $6.66 billion (approximately 10.2451 trillion won) since launching on the 2nd.