Binance Futures has made a significant move in the derivatives market by launching the USDMargined IRYS/USDT Perpetual Contract on November 26, 2025. This new offering allows traders to leverage their positions up to 25 times, potentially reshaping the trading landscape for IRYS. The publication provides the following information:
Introduction of the Contract
Despite the anticipation surrounding the contract's introduction, no significant price fluctuations or liquidity changes were reported on decentralized exchanges on the launch date.
Market Impact
This suggests that while the contract may generate interest, its immediate impact on the broader market may be limited.
In a recent development, Binance announced the removal of several low-liquidity spot markets, effective November 28, 2025, as part of its strategy to enhance trading efficiency. This decision contrasts with the launch of the new USDMargined IRYS/USDT Perpetual Contract. For more details, see more.
