Binance Launches USELESSUSDT Perpetual Contract with 50x Leverage 6% Price Surge Follows Announcement

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 5:47 am ET1min read
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Aime RobotAime Summary

- Binance Futures launched the USELESSUSDT perpetual contract with 50x leverage on August 15, 2025, expanding its derivatives offerings.

- The announcement triggered a 6% price surge for USELESS, reflecting strong investor interest in the new leveraged trading tool.

- The contract allows traders to amplify positions without expiration dates, though leveraged trading carries heightened risk of losses.

- Binance aims to reinforce its crypto derivatives leadership by innovating with high-leverage instruments to attract diverse investor demand.

Binance Futures has announced the launch of the USELESSUSDT perpetual contract on August 15, 2025, offering traders up to 50x leverage. This move expands the range of trading options available on the platform, potentially enhancing returns for those who engage in leveraged trading. The introduction of this new contract has already triggered market reactions; the price of USELESS rose by 6% following the announcement, suggesting a strong initial investor interest [1].

The USELESSUSDT perpetual contract is designed to provide traders with the ability to trade on leverage without the constraints of an expiration date. This feature aligns with Binance’s ongoing efforts to innovate and diversify its derivatives offerings. By allowing traders to amplify their positions using up to 50 times the capital value, the platform aims to attract a broader range of investors seeking higher potential returns [1].

Leverage trading, as it functions on Binance Futures, enables traders to manage larger positions with a relatively small amount of capital. While this can magnify profits in a favorable market, it also increases the risk of significant losses if the market moves against the trader’s position. This dual nature of leveraged trading makes it a tool that must be used with caution and a clear understanding of market dynamics [1].

The market’s positive response to the announcement reflects the broader trend of increased trading activity around new listings. Historical data indicates that such events often lead to heightened volume and volatility. The immediate 6% price surge following the announcement underscores the market's receptiveness to this new instrument [1].

The launch of the USELESSUSDT perpetual contract reinforces Binance’s position as a leader in the cryptocurrency derivatives market. By continuously introducing innovative financial instruments, Binance aims to meet the evolving demands of its user base and maintain its competitive edge in the fast-paced crypto trading environment [1].

Source: [1] Binance Futures to Introduce USELESSUSDT Perpetual Contract with Up to 50x Leverage on August 15, 2025 (https://en.coinotag.com/binance-futures-to-introduce-uselessusdt-perpetual-contract-with-up-to-50x-leverage-on-august-15-2025/)