On August 15, 2025, Binance Futures announced the launch of the USELESSUSDT perpetual contract, allowing traders to use up to 50x leverage without an expiration date.
Launch of USELESSUSDT Perpetual Contract
Binance Futures announced the launch of the USELESSUSDT perpetual contract, available for trading from August 15, 2025. This decision expands trading options on the platform, allowing users to execute trades with up to 50x leverage.
Market Reaction and USELESS Price
The announcement led to a 6% surge in USELESS price, reflecting a positive market reception. Meanwhile, other major crypto assets remained stable, indicating localized interest in the new contract.
Trading Recommendations and Binance's Strategic Intentions
Binance emphasizes the importance of structured price discovery and liquidity, warning about the risks of high leverage. The company recommends traders use stop-loss orders to mitigate potential losses. Historical data show that new listings, particularly for volatile altcoins, are frequently associated with increased market activity.
The launch of the USELESSUSDT perpetual contract underscores Binance's strategic intentions to expand trading opportunities and innovate in the derivatives trading space.
