Binance Wallet Integrates Aster for On-Chain Perpetuals and Leveraged Contract Trading on BNB Smart Chain

Binance Wallet’s partnership with Aster enables BNB Smart Chain users to access diverse on-chain derivatives, including perpetuals, boosting decentralized finance participation.

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Summary

Binance Wallet has announced an official partnership with decentralized exchange Aster to expand trading capabilities on the BNB Smart Chain. The integration now offers users access to on-chain perpetuals and leveraged contracts directly within the Binance Wallet interface. Supported assets include BNB, USDT, BTC, ETH, and U.S. stock-linked contracts. According to Binance, this marks a significant enhancement in its ecosystem, aiming to broaden decentralized finance adoption by enabling streamlined access to diverse derivatives.

Terms & Concepts
  • BNB Smart Chain: A blockchain network developed by Binance for fast and low-cost decentralized applications.
  • Leveraged contracts: Financial instruments allowing traders to amplify exposure to an asset using borrowed capital.
  • On-chain perpetuals: A type of derivative contract traded directly on a blockchain, allowing indefinite positions without expiry.