Binance Lists Concrete Token Perpetual Contract for Institutional On-Chain Finance

Binance Futures has expanded its derivatives lineup by listing a perpetual contract for Concrete's CT token, giving traders leveraged exposure to the governance asset of the institutional on-chain finance platform.

The $USDT-margined CTUSDT perpetual went live at 07:45 UTC on October 1 with up to 20x leverage, according to Binance's listing announcement. Perpetual contracts allow traders to hold long or short positions indefinitely while paying or receiving periodic funding rates.

The listing of CTUSDT is a significant development for Concrete and its users, as it provides another venue to manage CT exposure as the protocol's token-enabled governance matures. This move also reinforces Binance's role as a platform where newer tokens can secure liquid derivatives markets soon after their spot debut.