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.
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