• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Boosts TRUMP Leverage to 50x

user avatar

by Giorgi Kostiuk

2 years ago

Binance Futures recently announced changes in the leverage and margin tiers for some of its popular contracts. These adjustments affect various USDT and coin-based contracts.

Changes in Binance Futures Contracts

According to a recent notice, Binance Futures will adjust its margin tiers and leverage levels effective January 22, 2025. The enhancements apply to TRUMPUSDT, LITUSDT, DOGSUSDT, and NEIROETHUSDT contracts. The exchange assured that current user positions will remain unaffected.

Details on TRUMP Leverage Increase

The TRUMP contract's maximum leverage, previously at 25x, is now boosted to 50x. Moreover, the margin rate is reduced from 2.00% to 1.00%, with all higher tiers cut by at least 50%.

Overview of Other Contract Adjustments

For the LITUSDT contract, the leverage cut from 25x to 10x did not largely affect its margin rates, except the 25.00% tier. NEIROETH contracts also saw a leverage reduction to 15x with detailed margin tier changes. Adjustments were made for WLD and DOGS contracts in terms of maximum position tiers, while the rates themselves remain unchanged.

These updates aim to optimize resource usage and risk management for Binance Futures users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Injective Seeks SEC Approval to Become a Transfer Agent

chest

Injective has filed Form TA1 with the SEC to register as a transfer agent, aiming to support regulated real-world asset infrastructure on-chain.

user avatarElias Mukuru

The Critical Role of Transfer Agents in Financial Markets

chest

Transfer agents are crucial for maintaining securities ownership records and facilitating transfers, especially as markets transition to on-chain solutions.

user avatarDiego Alvarez

dYdX Chains v51 Upgrade Enhances Market Flexibility with Smart Contracts

chest

The v51 upgrade of dYdX Chains allows users to launch perpetual markets without governance intervention, enhancing market flexibility.

user avatarKenji Takahashi

Sui's Confidential Transactions Aim for Selective Confidentiality

chest

Sui is exploring a selective confidentiality model for its confidential transactions, allowing sender and recipient addresses to remain visible while hiding amounts and balances, addressing privacy concerns for businesses.

user avatarMaria Fernandez

Uniswap Governance Proposes Fee Routing for UNI Token Burns

chest

Uniswap governance is reviewing a proposal to route protocol fees from selected Optimism pools toward UNI token burns, aiming to strengthen the connection between trading activity and token economics.

user avatarGustavo Mendoza

Account Abstraction Set to Transform Crypto User Experience

chest

The introduction of account abstraction aims to address user experience issues in the crypto space, such as intimidating seed phrases and confusing gas fees, with a broader rollout planned for September 2026.

user avatarRajesh Kumar

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.