Binance Launches New Perpetual Contracts with Up to 75x Leverage

Binance introduces PENGU/USDC, CVX/USDT, and SLP/USDT perpetual contracts on July 23, 2025, enhancing trading options with significant leverage.

USDT

USDC

PENGU

227d ago

Summary

Binance has officially announced the launch of new perpetual contracts on July 23, 2025, including PENGU/USDC, CVX/USDT, and SLP/USDT, each offering up to 75x leverage. The contracts will be available at specified times: PENGU/USDC at 7:30 UTC, CVX/USDT at 11:30 UTC, and SLP/USDT at 11:45 UTC. This move aims to provide users with diverse trading options on Binance Futures, reinforcing the exchange's commitment to enhancing its trading platform.

Terms & Concepts

Perpetual Contracts: A type of derivative that allows traders to speculate on the price of an asset without an expiration date.
Leverage: The use of borrowed funds to increase the potential return on an investment, allowing traders to control larger positions.