Binance Amplifies Estimate That Perpetuals Handled About Half of NVDA Volume Off-Hours

Binance amplified an estimate that about half of NVDA trading volume occurred in perpetual contracts while U.S. stock markets were closed.

Binance’s NVDAUSDT perpetual contract trades around the clock and settles in USDT. Its price can keep changing after the regular U.S. share session ends, and it has its own market price separate from NVIDIA shares.

The estimate concerns volume in perpetual contracts, a derivative market, rather than direct trading in NVIDIA shares.