Binance Futures Debuts DEEPUSDT Perpetual Contract with 50x Leverage
22.04.2025 12:25
Binance Futures announced the launch of its new USD-Margined DEEPUSDT Perpetual Contract, offering up to 50x leverage and set to go live on April 22, 2025 at 11:30 AM. The contract will be integrated into Binance's Futures Copy Trading platform within 24 hours of launch, allowing users to mirror strategies from top-performing traders. This announcement comes on the heels of DEEP (DeepBook) being listed on Binance Spot and Upbit, indicating rising institutional and retail interest in the token. DEEP, built on the Sui blockchain ecosystem, is designed to streamline DeFi liquidity and reduce market fragmentation. Binance's latest move reinforces its commitment to broadening its derivatives offerings and providing advanced trading solutions for experienced traders in volatile market conditions.
The launch of the DEEPUSDT perpetual contract is expected to create a bullish effect on DEEP's price by increasing liquidity and trading volume. The integration with Binance's copy trading platform and the backing of a major exchange like Binance provide strong institutional credibility, likely attracting both retail and professional traders. In the short term, the high leverage offering may boost speculative trading and price volatility, while the long-term effect would be governed by sustained increased market participation and enhanced liquidity infrastructure. Historical events involving major exchange listings have often led to positive momentum for the token, supporting a generally optimistic outlook.
Sources
This Altcoin Soars by Double Digits Following Support From Binance, Upbit: Details
cryptopotato.com
22.04.2025 15:35
DEEP Token Surges 26% After Binance Move and UpBit Listing: A Turning Point for Altcoin Traders?
coinfomania.com
22.04.2025 14:08
Binance Launches DEEP Perpetual Contracts, Boosts Token 30%
theccpress.com
22.04.2025 12:00
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