{"id":73972,"date":"2026-06-13T14:08:45","date_gmt":"2026-06-13T14:08:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-grabs-60-of-spacex-derivatives-market-with-5-6b-in-daily-volume-bitcoin-news\/"},"modified":"2026-06-13T14:08:45","modified_gmt":"2026-06-13T14:08:45","slug":"binance-grabs-60-of-spacex-derivatives-market-with-5-6b-in-daily-volume-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-grabs-60-of-spacex-derivatives-market-with-5-6b-in-daily-volume-bitcoin-news\/","title":{"rendered":"Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Binance recorded $5.6B in SPCXUSDT volume in 24 hours and $9B total since SpaceX Pre-initial public offering (IPO) trading began.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Binance holds 60% market share across all CEX and DEX venues for SpaceX derivatives as of June 13.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Binance rebased its SpaceX Pre-IPO contract after a dilutive S-1\/A share count disclosure, protecting user positions.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>SpaceX Futures Rank Second Only to <span>Bitcoin<\/span> at Binance<\/h2>\n<p>SpaceX perpetual futures are now <a href=\"https:\/\/news.bitcoin.com\/binance-lists-circle-and-nvidia-bstocks-as-11-equity-tokens-enter-crypto-wallets\/\">Binance<\/a>\u2018s second-largest traded product by <span>volume<\/span>, trailing only <span>bitcoin<\/span> perpetuals, according to a Friday statement shared with <span>Bitcoin.com<\/span> News. The ranking reflects the depth of global demand tied to SpaceX\u2019s Nasdaq listing.<\/p>\n<p>Binance reported over $9 billion in accumulated SPCXUSDT <span>trading volume<\/span> spanning both the Pre-IPO period and post-listing activity.<\/p>\n<h2>Open Interest and Market Share<\/h2>\n<p>As of June 13 at 9:00 AM UTC, Binance held $167.22 million in one-sided open interest for SPCXUSDT, placing it ahead of all competing <span>CEX<\/span> and <span>DEX<\/span> venues, according to data from Coinglass and CoinMarketCap.<\/p>\n<p>The exchange claims a market share position that, if accurate, makes it the single dominant <span>liquidity<\/span> venue for SpaceX exposure in the <span>crypto<\/span> derivatives space.<\/p>\n<h2>How Binance Handled the Pre-IPO to Listing Transition<\/h2>\n<p>Binance ran a Pre-IPO perpetual contract before SpaceX went public and transitioned it to a standard TradFi perpetual after the <a href=\"https:\/\/news.bitcoin.com\/nasdaq-listed-fold-sells-45m-in-bitcoin-clears-20m-debt-and-frees-cash-for-expansion\/\">Nasdaq<\/a> listing. Price discovery during that transition was anchored to publicly available valuation signals, share-count data, and market expectations.<\/p>\n<p>When SpaceX\u2019s S-1\/A filing disclosed a higher share count than earlier filings, Binance said it rebased its Pre-IPO contract to prevent users from being diluted. The exchange said it was the only platform to execute that adjustment.<\/p>\n<h2>What Binance Offers SpaceX Traders<\/h2>\n<p><strong>Beyond perpetual futures, Binance offers:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">SPCXUSDT perpetual futures<\/li>\n<li aria-level=\"1\">SpaceX tokenized stock<\/li>\n<li aria-level=\"1\">SpaceX bStock tokenized securities<\/li>\n<\/ul>\n<p>The combination of instruments allows traders to take positions on price direction, hold synthetic equity exposure, or hedge across market cycles without holding shares directly.<\/p>\n<h2>Exchange Commentary<\/h2>\n<p>\u201cSpaceX derivatives have become Binance\u2019s second-largest traded product, capturing more than 60% market share across <span>CEX<\/span> and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">DEX<\/a> venues,\u201d said Shunyet Jan, Head of Spot and Derivatives Business at Binance. \u201cBetter accessibility unlocks latent demand.\u201d<\/p>\n<p>SpaceX closed its first trading day as the seventh-largest company by <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-market-cap\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">market cap<\/a> globally. The listing also pushed Elon Musk\u2019s net worth to levels that positioned him as the world\u2019s <a href=\"https:\/\/news.bitcoin.com\/spacex-hits-2-1t-on-debut-day-making-elon-musk-the-worlds-first-trillionaire\/\">first trillionaire<\/a>.<\/p>\n<h2>Broader Platform Context<\/h2>\n<p>Binance now lists over 7,000 stocks and ETFs alongside its digital asset offerings. The SpaceX <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> figures add to a pattern in which major public-market events drive significant crypto-native trading activity through tokenized instruments and derivatives.<\/p>\n<p>For traders without access to U.S. equity markets, platforms like Binance have become the primary route to SpaceX price exposure. The $5.6 billion daily <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> number indicates that demand was substantial from the moment the listing went live.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/binance-grabs-60-of-spacex-derivatives-market-with-5-6b-in-daily-volume\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Binance recorded $5.6B in SPCXUSDT volume in 24 hours and $9B total since SpaceX Pre-initial public offering (IPO) trading began. Binance holds 60% market share across all CEX and DEX venues for SpaceX derivatives as of June 13. Binance rebased its SpaceX Pre-IPO contract after a [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73972"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73972"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73973"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}