Binance Futures is rolling out a new high-leverage trading option designed for advanced users looking to maximize capital efficiency.
Binance, the world-leading cryptocurrency exchange, is expanding its futures offering with a new high-leverage trading option designed for experienced traders seeking to capitalize on new and innovative assets.
Beginning today, 11:30 AM UTC, traders will be able to access a DEEPUSDT perpetual contract with leverage of up to 50x. This unique contract is pegged to the USDT stablecoin and tied to the DeepBook token (DEEP), a groundbreaking liquidity engine operating within the Sui blockchain ecosystem.
Furthermore, the DEEPUSDT contract will be added to Binance’s Futures Copy Trading feature within 24 hours of its launch. This integration will enable users to effortlessly copy the strategies of top-ranked futures traders in real time, providing a valuable learning and trading opportunity.
Key details for the new instrument include a four-hour funding interval and a funding rate cap set between +2.00% and -2.00%. These parameters ensure the stability and sustainability of the market, even during periods of high volatility.
The introduction of the DEEPUSDT contract follows the recent listings of DeepBook tokens on both Binance Spot and Upbit, a major South Korean cryptocurrency exchange.
DeepBook is a decentralized liquidity engine, designed to make DeFi markets more efficient by reducing fragmentation and aggregating liquidity from various sources. Its integration into Binance Futures aims to provide traders with access to a deep and competitive liquidity pool, ultimately enhancing their trading experience.
As Binance continues to expand its derivatives catalog, it remains committed to catering to the diverse needs of its users. In today's fast-moving markets, sophisticated trading tools like high-leverage contracts are in high demand, and Binance is dedicated to providing these options to empower its user base.
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