Binance's data is exploding! Not just in the crypto space, even compared to traditional financial institutions, the traditional players are scared. Industry TradeFi perpetual contracts: $1.1 trillion, Binance accounts for 47%. The world's largest traditional derivatives exchange, CME, only does $1.5 trillion in stock futures per quarter. Just a few months after launch, Binance already makes up one-third of the world's largest market. Binance Pay grew 114% year-over-year, with 21 million merchants — PayPal took 25 years to reach 35 million merchants. At this rate, Binance could catch up in two to three years, while bypassing SWIFT, credit cards, and all the middlemen fees. Binance is armed with the blockchain balance sheet, derivatives trading engine, payment network, and on-chain banking — crushing traditional financial institutions in cost structure and settlement efficiency. Maybe Crypto and Blockchain becoming the global financial infrastructure isn’t that far off after all.