According to Wu Blockchain, data from CryptoQuant shows that the open interest (OI) of perpetual contracts for traditional financial assets on crypto exchanges has doubled since May, surpassing $2 billion. Binance holds approximately 35% of the OI market share in both crypto assets and TradFi perpetual contracts, ranking first. This indicates that crypto exchanges are gradually becoming key gateways for on-chain and 24/7 derivatives trading of traditional financial assets.