Binance announced the launch of 5 contracts TradFiⓈ-M perpetual contracts
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AT A GLANCE
Binance will launch September 28 in batches, comprising 5Ⓢ-M TradFi perpetual contracts, with leverage of up to 20 x.
Article
Binance will launch multiple Ⓢ-M TradFi perpetual contracts
PANews September 28 reported that, according to an official announcement, Binance will, from September 28 17: 00 to 17: 20(UTC+), successively launch OKLOUSDT、TWSTUSDT、CVNAUSDT、RUMUSDT、XOMUSDT five Ⓢ-M perpetual contracts, supporting leverage of up to 20 x.
PANews reported that Binance will, from September 28 17: 00 to 17: 20(UTC+), successively launch 5Ⓢ-M perpetual contracts.
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The contract names are OKLOUSDT、TWSTUSDT、CVNAUSDT、RUMUSDT and XOMUSDT。
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These contracts support leverage of up to 20 x.
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The report cited an official announcement, but the evidence did not provide a link to the official announcement.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Ⓢ-M perpetual contracts are contracts denominated in USDT with no expiration date; leverage can amplify the size of a position. This news points to Binance adding 5 TradFi-related contract trading pairs.
Why it matters to readers
This means Binance plans to add 5Ⓢ-M perpetual contract trading pairs, potentially giving users more contract choices.
Beginners should note that these are leveraged contract products; the evidence only states that they support leverage of up to 20 x and does not specify the trading rules or risk outcomes.
Risks and unknowns
The evidence did not directly provide a link to Binance's official announcement.
The evidence states that they “will be launched” and does not confirm whether 5 contracts have been launched as planned.
The evidence did not provide post-launch trading volume, liquidity, funding rates, or price performance.
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Ⓢ-M perpetual contracts
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