Precious Metal Volume on Binance Exceeds $70 Billion Amid Silver Supply Crisis Risks

Binance and Precious Metal Derivatives Gold (XAUUSDT) and silver (XAGUSDT) perpetual futures, recently launched on the Binance platform, have met with intense investor interest.
Reaching a trading volume of $70 billion within weeks, these products are considered a critical indicator of the convergence between traditional precious metals and crypto derivative markets.
The availability of 24/7 continuous trading continues to drive global demand for synthetic precious metal positions.
Critical Levels in Silver Stocks A significant contraction is being observed in the physical supply side of precious metal markets.
COMEX registered silver stocks have reportedly fallen to 88.19 million ounces.
Considering the current rate of depletion and the high daily volume of 30 million ounces during March-May contract rollovers, it is predicted that stocks could be exhausted by February 27, 2026.
Investment experts are warning that the market could enter a serious physical supply crisis starting in April.
Market Structure and Volatility The amount of physical metal required to close existing open positions is putting immense pressure on reserves.
The structure of the futures curve is approaching a state of "backwardation," where demand for physical metal takes priority over future delivery.
During this period where silver prices have exceeded $4,900 per ounce, 30-day volatility has reached its highest level since 2008.
It is emphasized that significant physical inflows are needed in the coming weeks for the market to stabilize.
Integration of Crypto and Traditional Finance Traditional finance giants are also adapting to this transformation.
It has been announced that CME Group will launch 24/7 cryptocurrency futures and options trading as of May 29.
The crypto derivatives market, which reached a record volume of $3 trillion in 2025, continues to be a primary focus for investors during this period of increasing macroeconomic uncertainty.