Binance Futures Launches SLERFUSDT and SCRTUSDT Contracts

Binance Futures has expanded its trading offerings with the launch of Margined SLERFUSDT and SCRTUSDT perpetual contracts. The new contracts went live on November 21, 2024, at 11:30 UTC, with up to 75x leverage, providing traders with enhanced opportunities for diversified trading.

The announcement triggered a remarkable market response for SLERF (SLERF), as the token’s price soared by 40% in the past 24 hours, reaching $0.4021. SLERF now boasts a market cap of $201.04 million, with a 24-hour trading volume surging by 249.10% to $298.44 million.

Contract Details:

• Underlying Assets: SLERF (SLERF) and Secret (SCRT).
• Settlement Asset: USDT (Tether).
• Tick Size: 0.0001 for both contracts.
• Maximum Leverage: 75x.
• Funding Fee Settlement: Every four hours with a capped funding rate of +2.00% / -2.00%.

Binance Futures also supports the Multi-Assets Mode for these contracts, allowing traders to settle trades with multiple assets.

SLERF’s impressive rally highlights the growing enthusiasm for the token following Binance’s announcement. The SCRTUSDT contract also garnered attention, reinforcing Binance Futures’ position as a leader in offering diverse trading opportunities.

Traders can now explore these contracts 24/7 on Binance Futures. With heightened volatility and liquidity, the launch marks a significant milestone in Binance’s effort to provide advanced tools for its global user base.

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