Binance Futures Expands Tokenized Traditional Finance with ETF-Linked Contracts
Binance Futures has expanded its tokenized traditional finance offering by launching three USDT-settled perpetual contracts tied to established U.S. investment products.
The new contracts, which began trading on July 27 at 13:30 UTC, track the Direxion Daily 20+ Year Treasury Bull 3X ETF (TMFUSDT), ProShares UltraShort 20+ Year Treasury ETF (TBTUSDT), and ProShares Bitcoin ETF (BITOUSDT).
The perpetual contracts allow traders to take long or short positions without an expiration date, with up to 25x leverage available. The minimum order size is 0.01 units, while every order must carry a notional value of at least 5 USDT.
Binance's head of spot trading and derivatives, Shunyet Jan, emphasized the platform's goal of becoming a super app that involves payment, rather than just being a crypto exchange.