On April 2, 2025, Binance Futures announced the launch of a new ATHUSDT contract with up to 50x leverage, offering traders broader opportunities.
ATHUSDT Contract Launch and Features
Binance's new ATHUSDT contract allows for a maximum leverage of 50x and provides a comprehensive multi-asset margin model, enabling the use of various cryptocurrencies as collateral, enhancing asset flexibility and potentially attracting a diverse trader base. This product is expected to enhance liquidity and attract more traders.
Market Impact and Trading Strategies
The launch of the ATHUSDT contract may increase trading activity for the ATH token, potentially enhancing its visibility in both spot and derivative markets. The 50x leverage feature could significantly influence trading strategies, with the funding rate set at ±2.00% providing a clear cost framework. Market observers anticipate that these changes will impact the ATH ecosystem.
ATH Market Data and Prospects
According to CoinMarketCap, Aethir (ATH) is trading at $0.03 with a market cap of $237.79 million, showing recent volatility with a 24-hour increase of 0.35% and a significant 90-day decline of 56.08%. The launch of the ATHUSDT contract may signal strategic growth for Binance’s derivatives offerings.
Binance's launch of ATHUSDT strengthens their position in the derivatives market, offering traders new opportunities and potentially increasing ATH token influence.
