Aster launches bStocks support on BNB Chain for perpetual futures collateral

Users who enable multi-asset mode can deposit Binance-issued bStocks as margin for perpetual contracts on BNB Chain, with up to 90% of market value eligible and four tokens supported initially.

BNB

Summary

Aster said it now supports Binance-issued bStocks as collateral for perpetual contracts on BNB Chain. After enabling multi-asset mode, users can deposit bStocks into Aster perpetual accounts, with up to 90% of the assets' market value counted as margin. Initial supported tokens are TSLAB, NVDAB, CRCLB and SNDKB. The setup expands the earlier "holdings plus trading" use case by specifying how tokenized stock assets can be posted as collateral in Aster's perpetuals market on BNB Chain.

Terms & Concepts
  • bStocks: Binance-issued tokenized stock assets that can be used onchain.
  • multi-asset mode: A trading setting that allows more than one asset type to be used within an account for margin purposes.
  • perpetual contracts: Derivative contracts that do not have a fixed expiry date.