Binance Futures is rolling out a new high-leverage trading option designed for advanced users looking to maximize capital efficiency.
Traders are now able to access a DEEPUSDT perpetual contract with leverage of up to 50x.
The contract, pegged to the USDT stablecoin and tied to the DeepBook token (DEEP), will go live at 11:30 AM UTC and is set to be added to Binance’s Futures Copy Trading feature within 24 hours. This integration will let users replicate the strategies of top-ranked futures traders in real time.
Key details for the new instrument include a four-hour funding interval and a funding rate cap set between +2.00% and -2.00%.
This addition comes on the heels of DeepBook’s recent listings on both Binance Spot and South Korea’s Upbit exchange. Built within the Sui blockchain ecosystem, DeepBook acts as a decentralized liquidity engine aimed at making DeFi markets more efficient by reducing fragmentation.
The move underscores Binance’s ongoing push to broaden its derivatives catalog, particularly in fast-moving markets where sophisticated trading tools like high-leverage contracts are in demand.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/binance-expands-futures-offering-with-new-high-leverage-contract-launch/