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Binance Futures, a leading platform in the cryptocurrency derivatives market, has declared the introduction of a new perpetual contract. The USDS-margined OLUSDT perpetual contract will be accessible starting June 25, 2025, at 11:30 UTC. This contract will provide traders with the ability to access up to 50x leverage on Open Loot (OL), a digital asset that has recently garnered attention in the market.
The new contract will include a capped funding rate, with a maximum of +2.00% and a minimum of -2.00%. Funding fees will be settled at regular intervals, allowing traders to manage their positions effectively. This initiative by Binance Futures is anticipated to draw a substantial number of traders aiming to benefit from the volatility of the OL market.
The launch of the OLUSDT perpetual contract is part of Binance Futures' continuous efforts to broaden its offerings and provide traders with more options. The platform has been at the forefront of innovation in the cryptocurrency derivatives market, and this new contract is another step in that direction. Traders will be able to leverage the high leverage offered by the contract to amplify their potential returns, while also managing their risk through the capped funding rate.
The introduction of the OLUSDT perpetual contract is likely to have a notable impact on the market for Open Loot. The high leverage offered by the contract could lead to increased trading activity and volatility, as traders seek to capitalize on price movements. However, it is crucial for traders to exercise caution and manage their risk carefully, as high leverage can also amplify losses.
In summary, Binance Futures' launch of the OLUSDT perpetual contract with 50x leverage on June 25, 2025, is a significant development in the cryptocurrency derivatives market. The contract offers traders the opportunity to access high leverage on Open Loot, with a capped funding rate to manage risk. This move is expected to attract a significant number of traders and could have a significant impact on the market for Open Loot.

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