Binance Expands Derivatives Lineup with TradFi Asset Tied Contracts

Binance is expanding its derivatives lineup beyond cryptocurrencies by introducing five USDT-settled perpetual contracts tied to traditional-finance assets.

The contracts, which will be margined and settled in USDT, are linked to companies such as Oklo, Twist Bioscience, Carvana, Rumble, and ExxonMobil.

The underlying assets of the contracts are respectively OKLO, TWST, CVNA, RUMUSDT, and XOMUSDT. Each contract will have leverage available up to 20x.

Binance plans to introduce the contracts in stages on September 29.