Crypto traders are increasingly looking beyond crypto. Since launching on January 28, Binance’s equities perps market has grown from roughly $563 million to $8.5 billion in weekly volume across more than 20 tickers — a 15x increase in just a few months. The appetite for Pre-IPO exposure is showing similar momentum. OpenAI Pre-IPO perps generated $53M in volume within their first two days, with Binance capturing 85% of all cross-venue trading activity. The broader Pre-IPO category surpassed $400 million in its first week, putting it on par with how equities and oil perps started. What’s interesting isn’t just the product itself, but how quickly Binance unlocked demand. Give retail traders access to markets that were previously reserved for institutions and private investors, and they’ll find a way to participate.(Ali Charts)