Binance has announced the forthcoming launch of new perpetual contracts, CROSSUSDT and AINUSDT, allowing traders to leverage up to 50x. This is expected to add volatility to the market.
Launch of New Contracts
On July 11, 2025, Binance will introduce new perpetual contracts CROSSUSDT and AINUSDT. These contracts allow traders to utilize leverage of up to 50x and will be settled in USDT. The underlying assets for these contracts are CROSS and AIN tokens.
Market Anticipates Volatility
The introduction of these contracts could lead to increased market liquidity and potentially heightened short-term volatility. Currently, market reactions remain muted as there have been no comments from Binance's leadership. Analysts expect changes in trading volumes following the contracts' launch.
Surge in CROSS Token
Ahead of the announcement, the CROSS token experienced a 41.98% increase in price over the past 24 hours, reaching $0.13 with a trading volume of $46,761,867. Its market capitalization stands at $45.89 million. Experts highlight that high leverage offerings may affect token stability.
By September 2025, traders will be able to take advantage of new opportunities on Binance, but with increased volatility, which may lead to significant short-term market fluctuations.