Binance Lists CTUSDT Perpetual Contract for Concrete Governance Token

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

The contract, known as CTUSDT, went live at 07:45 UTC on October 1 with up to 20x leverage and settles continuously instead of expiring on a fixed date. This means that traders can hold long or short positions indefinitely while paying or receiving periodic funding rates in USDT.

The listing is significant for Concrete, as it allows institutional users another venue to manage CT exposure as the protocol's token-enabled governance matures. The CT token has a maximum supply of 1 billion and already trades on spot markets including Binance, Coinbase, and OKX.

Concrete has been building out institutional DeFi tooling this year, teaming up with Euler earlier in 2026 to develop institutional lending rails as part of a broader push to bring regulated-style infrastructure to decentralized markets.