Binance’s NVDAUSDT perpetual contract recorded $360.35 million in trading volume over 24 hours, accounting for 44% of activity across the eight largest platforms offering the product. Open interest on Binance stood at $90.57 million, or 30.1% of the market, while total perpetual trading volume reached approximately $826 million to $1.06 billion. Before U.S. markets reopened, the perpetual fell 4.2% from Nvidia’s previous Wall Street close amid uncertainty surrounding the company’s management. Launched in March 2026, the USDT-settled derivative allows traders to follow Nvidia’s share price around the clock but does not confer ownership of the stock.
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