Binance Futures has announced the launch of a new perpetual contract as part of its efforts to expand trading options and improve the trading experience for users. Binance Futures to Launch DEEPUSDT Perpetual Contract with Up to 50x Leverage on April 22 The exchange introduced the USDⓈ-Margined DEEPUSDT Perpetual Contract offering up to 50x leverage, effective April 22 at 11:30 AM. The new contract will be integrated into Binance’s Futures Copy Trading platform within 24 hours of launch, allowing users to automatically mirror the strategies of top-performing traders. Details regarding eligible copy trading contracts can be found in Binance’s official FAQ. Basic Contract Details: Launch Date: April 22, 2025, 11:30 Contract: DEEPUSDT (USDⓈ-Margined Perpetual) Leverage: up to 50x Funding Rate Cap: +2.00% / -2.00% Funding Interval: Every 4 hours This move comes shortly after DEEP (DeepBook) was listed on Binance Spot and Upbit’s KRW exchange, signaling growing institutional and retail interest in the token. DeepBook, a liquidity layer built on the Sui blockchain ecosystem, aims to streamline DeFi liquidity and reduce fragmentation. Binance continues to expand its derivatives offering by offering high-leverage products for experienced traders looking to manage risk and optimize capital efficiency in volatile markets. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces Listing of This Altcoin on Its Futures Platform! Here Are the Details
