Crypto
Binance Ties Perpetual Futures To US Treasury Bonds And Bitcoin ETF
Binance has expanded its range of tokenized traditional finance derivatives by launching three new USDⓈ-M perpetual futures contracts tied to US Treasury bonds and a Bitcoin ETF.
The contracts, which started rolling out on July 27, are based on the Direxion Daily 20+ Year Treasury Bull 3X ETF, the UltraShort 20+ Year Treasury ETF (UPR), and the ProShares Bitcoin ETF (BITO).
The trading fees for these contracts will be settled in USDT and will be available 24 hours a day with leverage up to 25x.
Binance has also introduced the Multi-Assets Mode feature, which allows users to choose a combination of eligible asset types as margin rather than a single asset type.