Binance Futures Launches CVCUSDT Perpetual Contract with 75x Leverage – Coincu

Binance Futures has announced the launch of the CVCUSDT perpetual contract on May 16, 2025, offering traders up to 75x leverage on Civic (CVC) against USDT.

This addition signals Binance’s strategic focus on expanding its derivatives offering, with potential short-term market volatility and increased trading activity expected for Civic (CVC).

Binance Expands High-Leverage Trading with New CVC Contract

The CVCUSDT perpetual contract went live on Binance Futures on May 16, showcasing the exchange’s commitment to expanding high-leverage trading options. Civic (CVC), the token underlying this contract, is known for its decentralized identity management services. Traders can now access a levered trading environment, boosting activity around Civic without the constraints of an expiry.

This launch offers an opportunity for traders to exploit price movements in CVC with high leverage, potentially augmenting volatility. However, without corresponding statements from key industry stakeholders or Civic leadership, the reaction remains cautious and reliant on observed market activity.

Binance Futures will launch the following perpetual contract(s) as below: 2025-05-16 08:30 (UTC): CVCUSDT Perpetual Contract with up to 75x leverage. — Binance Official Announcement

Civic (CVC) Market Dynamics Amid New Binance Listing

Did you know? This is not the first time Binance has introduced perpetual contracts for altcoins, often leading to short-term volume spikes. Such strategies form part of their broader derivatives expansion efforts, cultivating a more dynamic trading environment on the platform.

According to CoinMarketCap, Civic (CVC) currently trades at $0.13, supported by a market cap of $129.36 million and a fully diluted valuation mirroring this figure. Over the past 24 hours, CVC saw a price decrease of 7.61%, contrasting with a 12.73% gain over seven days. Trading volume plummeted by 59% to $79.54 million.

Insights from the Coincu research team suggest that while short-term price fluctuations in CVC are likely, the broader impact on major cryptocurrencies remains limited. Continued market surveillance is essential to assess trading patterns post-launch and to evaluate any forthcoming regulatory responses.