Today, Binance officially launched the tokenized contracts of $GOOGL , $NVDA , and $META ! This means that in the great landscape of the US stock "Magnificent 7," only MSFT and AAPL are yet to be in place.
To say the least, the liquidity that Binance has shown in the US stock RWA (real-world assets) sector has become so strong that it cannot be ignored.
📊 Let's take the CRCL that I often shared before as an example to see the data comparison:
On-chain explosive power: Its spot Alpha trading volume can easily soar to hundreds of millions of dollars.
Traditional market comparison: The average trading volume in traditional stock markets is only 11 million shares, equivalent to about 1.1 billion dollars.
Contract leverage support: If combined with Binance contracts, the nominal trading volume here is already equivalent to more than half of the trading volume of traditional stock markets!
🤖 The special chemical reaction of on-chain RWA
Of course, we must view this astonishing data objectively. The extremely high trading frequency behind this is because everything is conducted on-chain.
The trading volume of quantitative robots in high-frequency arbitrage has gone back and forth countless times, which is structurally different from the 'actual stock delivery and turnover' in traditional stock markets.
💡 The nightmare of traditional brokerages: 7/24 all-weather trading
But this is exactly the most terrifying part! Just a target that might not even have a place in the traditional stock market can demonstrate such an exaggerated liquidity performance on-chain, let alone the soon-to-be-complete 'seven giants'?
When all seven giants of the US stock market come together, combined with a 7-day, 24-hour, year-round trading mechanism, along with this extremely large liquidity and robotic market-making capability…
It is entirely foreseeable that this will cause a significant dimensionality reduction blow and competitive pressure on traditional brokerages! Capital never sleeps, and the future main battlefield for trading is leaning towards on-chain.
When do you think MSFT and AAPL will catch up? Do you find the on-chain seven giants ETF attractive?
Feel free to share your investment portfolio in the comments section 👇