Binance Wallet Adds On-Chain Perps via Aster on BNB Chain
Binance Wallet is moving deeper into on-chain derivatives. The company has introduced inside Binance Wallet (Web) through an integration with Aster, a decentralized perpetuals platform, giving users direct access to leveraged trading without leaving the wallet interface.
The pitch is simple: keep it self-custody, keep it quick, and remove the usual friction of connecting to external dApps. For traders, it’s another sign that wallets are no longer just storage tools—they’re turning into full trading terminals.
What exactly did Binance Wallet launch?
The update adds a new “Perpetuals” tab to Binance Wallet (Web), enabling users to trade perpetual futures directly through Aster. Binance is framing it as “keyless, self-custody,” meaning users retain control of assets while gaining access to derivatives in a more streamlined flow than the standard wallet-to-dApp process.
At launch, the product is available exclusively on the BNB Smart Chain network and limited to Binance Wallet (Web). Binance says additional networks and mobile support are planned, but for now the integration is clahead targeted at its existing BNB Chain base.
There’s also a rewards hook built in: all perpetual trades executed through Binance Wallet (Web) will earn points in Aster’s airdrop program and count toward Aster’s trading competitions and reward events. Binance is also running a campaign tied to the launch, offering up to 200,000 USDT in shared rewards.
Why does this matter for traders and the market?
The largeger story isn’t the UI change. It’s the direction of travel.
Perpetuals are crypto’s most liquid and most addictive product category, but on-chain perps still haven’t matched the speed and convenience of centralized platforms for most users. Binance Wallet integrating perps directly into the wallet experience is a clear attempt to close that gap—keeping traders on-chain while offering a workflow that feels closer to a CEX.
This matters for two reasons. First, it lowers the barrier for newer traders who want access to leverage but don’t want to deal with wallet connections, approvals, and multiple dApp interfaces. Second, it’s a retention play. If users can trade perps without leaving Binance’s wallet ecosystem, Binance keeps attention and flow under its own roof even when trades settle on-chain.
Investor Takeaway
Collateral flexibility, stock perps, and the Aster feature set
Binance Wallet (Web) Perpetual supports a wide range of collateral tokens on BNB Smart Chain at launch. That includes major assets like BNB, USDT, BTC, ETH, and WBETH, along with ecosystem-linked tokens such as ASTER, CAKE, and LISTA. It also supports newer stable assets including USD1, ASBNB, LISUSD, and USDF.
Multi-collateral support matters because it reduces forced conversions. Traders can post what they already hold, manage margin more efficiently, and avoid unnecessary swaps when rotating between positions.
Aster is also leaning into cross-market access. Beyond crypto perpetuals, it offers “Stock Perpetuals” tied to blue-chip names like Apple and Nvidia, alongside ETF-linked contracts such as Invesco QQQ. These products expand the on-chain derivatives menu into equity-linked exposure, a category that has been growing quietly as traders look for macro and TradFi correlation trades without leaving crypto rails.
On execution, Aster is tradeing a familiar bundle: deep liquidity, quick fills, and low fees. It also highlights a transparent mark price calculated as a weighted average of major spot markets, which assists protect traders from distorted pricing and improves the accuracy of unrealized P&L calculations.
One feature likely aimed at largeger accounts is “Hidden Orders,” which keeps orders off the public order book until they execute. In theory, this reduces signaling risk and prevents other traders from reacting to visible size—while still settling transparently on-chain.
What’s next—and what to watch
The initial rollout is narrow: Binance Wallet Web, BNB Smart Chain only. That’s not a limitation, it’s a test environment. BNB Chain is Binance-controlled territory, making it the logical place to prove product-market fit before scaling the model to other networks.
If follows through with mobile support and multi-chain expansion, this could be a meaningful step toward mainstream on-chain derivatives adoption—especially if the wallet experience continues to feel “one click” rather than “connect wallet, approve, sign, swap, repeat.”
For traders, the immediate question is execution quality. On-chain perps live and die by liquidity depth, mark price reliability, and how liquidations behave in volatile conditions. The incentives—airdrop points, competitions, and up to —will likely pull in ahead volume. The real test is whether traders stick around once the rewards fade.
Investor Takeaway
Users can access the feature by logging into Binance Wallet (Web) and selecting the new . The integration is live now, with planned expansions expected in the near term.
