Back

Binance to Launch OPEN Perpetual Contracts With Up to 75x Leverage

Binance confirms the launch of USDT-margined perpetual contracts for OpenLedger (OPEN) on September 8, 2025, offering leverage up to 75x to expand trading options.

USDT

Summary

Binance announced that it will list OpenLedger (OPEN) USDT-margined perpetual contracts on September 8, 2025, at 21:00 Beijing time. The contracts will allow traders to use leverage of up to 75x, enhancing Binance’s derivatives offerings. This listing represents an expansion of the exchange’s product line for leveraged trading.

Terms & Concepts
  • Perpetual Contract: A type of futures contract without an expiry date, allowing traders to hold leveraged positions indefinitely.
  • USDT (Tether): A stablecoin pegged to the US dollar, commonly used as a trading pair in crypto derivatives.
  • Leverage (75x): A financial tool that allows traders to control a position much larger than their initial margin, in this case up to 75 times the capital.