• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Binance Announces BULLA and IDOL Perpetual Contracts with High Leverage

Binance Announces BULLA and IDOL Perpetual Contracts with High Leverage

user avatar

by Giorgi Kostiuk

10 days ago


Binance has announced the launch of perpetual contracts BULLA and IDOL, which will be traded with a high leverage of up to 50x. This event may bring significant changes in trading activity and liquidity on the platform.

Launch of BULLA and IDOL on Binance

Binance, led by CEO Richard Teng, has included BULLA/USDT and IDOL/USDT contracts in its derivatives suite. These contracts are designed to be settled in USDT, potentially enhancing liquidity.

Financial Implications of the New Launch

The launch introduces significant leverage capabilities, potentially impacting USDT reserves on the platform. This could drive immediate trading activity as traders respond to new opportunities in the derivatives market.

Monitoring Market Impact

There is potential for both increased market adoption for these tokens and speculative trading activities. Historically, Binance contract listings have resulted in short-term volatility and media attention.

The launch of BULLA and IDOL perpetual contracts on Binance may lead to a significant increase in trading volume and liquidity. Observers and developers are monitoring developments to assess the broader market impact.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

1INCH Price Surges to $0.39 Amid $700B DEX Volume Milestone

chest

The price of the 1INCH token has reached $0.39 following a strong rally, but risks breaking the uptrend if it falls below $0.30.

user avatarGiorgi Kostiuk

The Future of Crypto: 10 Promising Tokens in the Market

chest

An overview of ten tokens that may significantly increase in value in the near future.

user avatarGiorgi Kostiuk

The Future of $OOE: New Benefits and Opportunities from OpenOcean

chest

OpenOcean introduces new features and improvements for $OOE token, including token buybacks and enhanced rewards for holders.

user avatarGiorgi Kostiuk

Crypto Casinos: How Superheroes and Blockchain Technology are Changing Gambling

chest

Explore how superhero-themed crypto casinos are revolutionizing gambling, offering a unique experience through blockchain technology.

user avatarGiorgi Kostiuk

The Blockchain Group Raises €6M Funding to Strengthen Bitcoin Strategy

chest

The Blockchain Group has raised €6 million to implement its Bitcoin acquisition strategy.

user avatarGiorgi Kostiuk

Pi Network Experiences Price Pressure Amid Bitcoin Surge

chest

Pi Network's price has dropped by 3.5% and hovers around $0.45 due to massive token unlocks, while Bitcoin hits $122,000.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.