Binance Unveils Cross-Chain Margin Trading, BNB Spikes 9%

Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of a new cross-chain margin trading feature on Friday, allowing users to borrow and trade across multiple blockchain networks using a unified wallet system. The new functionality will initially support Ethereum, BNB Chain, and Avalanche, with plans to add support for Solana and Arbitrum later this quarter.

Following the announcement, BNB, the native token of the Binance ecosystem, surged 9.2% to trade at $411, marking its highest level since March. The feature is part of Binance’s broader push to enhance liquidity and user flexibility in decentralized finance, particularly as the market leans more toward multi-chain ecosystems. Traders can now move collateral seamlessly between chains without having to bridge assets manually, significantly reducing risk and time delays.

Binance CEO Richard Teng said the new product was developed in response to growing demand from institutional and high-frequency traders. He added that enabling margin and leverage across multiple blockchains could revolutionize how users interact with decentralized exchanges and lending platforms, effectively creating a “unified DeFi experience under one roof.”

The cross-chain margin system uses Binance’s proprietary routing and liquidity engine, which the company claims will minimize slippage and allow for faster execution even during volatile market conditions. It also introduces an automated liquidation layer that operates 24/7, designed to monitor positions across all supported networks in real-time.

Market analysts have responded positively to the development. Several believe this innovation could set a new standard for centralized platforms looking to bridge DeFi and traditional trading structures. The upgrade also comes at a time when competitors like OKX and Bybit are launching advanced DeFi interfaces, making this move critical for Binance’s market dominance.

BNB’s price movement reflected renewed investor interest. Trading volume spiked by more than 40% on the day, and BNB perpetual futures saw $120 million in new open interest, according to Coinalyze. On-chain data also shows a sharp uptick in wallet activity, with more than 11,000 new BNB wallets created in the last 24 hours.

Despite recent regulatory headwinds in multiple jurisdictions, Binance continues to expand its suite of offerings, focusing heavily on infrastructure that can support high-volume users and institutions. With this cross-chain feature now live, the platform is expected to attract a new wave of professional traders who require speed, security, and asset mobility.

BNB bulls are now targeting $430 as the next key resistance, while developers and ecosystem partners prepare for increased network usage as the cross-chain rollout gains traction.