Binance Futures Launches MEMEFI, FIS Perpetual Contracts With Up To 75x Leverage

Binance Futures has announced the launch of perpetual contracts for MEMEFI and FIS. The MEME/USDT perpetual contract will be available starting April 25, 2025, at 15:15 (UTC+8) with up to 50x leverage. Following this, the FIS/USDT perpetual contract will be launched at 15:30 (UTC+8) on the same day, offering up to 75x leverage.

Ask Aime: "MEME/USDT and FIS/USDT perpetual contracts on Binance Futures"

MemeFi, the underlying asset for the MEME/USDT contract, is recognized as a pioneer in Telegram mini-applications. It has evolved from a simple click-to-earn game into a sophisticated ecosystem featuring interactive gaming mechanisms. This evolution positions MemeFi as a notable player in the decentralized finance (DeFi) space, attracting users with its innovative approach to gaming and earning.

StaFi, the protocol behind the FIS/USDT contract, is the first DeFi protocol to unlock the liquidity of staked assets. This innovation allows users to access the liquidity of their staked assets without compromising their staking rewards, providing a unique value proposition in the DeFi market. The high leverage offered by the FIS/USDT contract is expected to attract traders looking to capitalize on the volatility of the FIS token.

The launch of these perpetual contracts by Binance Futures is a strategic move to expand its offerings in the DeFi and gaming sectors. By providing high leverage options, Binance aims to attract both retail and institutional traders interested in these emerging markets. The timing of the launch, coinciding with the growing interest in DeFi and gaming tokens, positions Binance Futures to capture a significant portion of the trading volume in these assets.

The introduction of MEMEFI and FIS perpetual contracts by Binance Futures is a testament to the platform's commitment to innovation and its ability to adapt to the evolving needs of the cryptocurrency market. As the DeFi and gaming sectors continue to gain traction, Binance's move to offer high-leverage contracts on these assets is likely to resonate with traders seeking to maximize their returns in these dynamic markets.