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Binance Introduces BMT and MUBARAK Futures with 25x Leverage

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by Giorgi Kostiuk

4 hours ago


Binance Futures announced the launch of two new futures contracts — BMT and MUBARAK, providing traders with new opportunities.

Binance Listing Announcement

Binance announced the listing of two new futures contracts with 25x leverage. The BMTUSDT Perpetual Contract will be available at 13:30 (UTC), and the MUBARAK Perpetual Contract at 13:45 (UTC). Both tokens are already listed on Binance Alpha, a platform showcasing high-growth potential projects in Web3.

BMT Price Trajectory

Today, BMT recorded a notable price surge of over 33%. Market cap surged from $24 million to $37 million. Following Binance's announcement, the price dropped by 4% and is now trading at almost $0.13, with a market cap of over $33.7 million.

MUBARAK Price Trajectory

MUBARAK also experienced volatility, with its price rising from $0.07 to $0.14. After the listing announcement, the price dropped by 6% before recovering. Currently, MUBARAK is trading above $0.09, with a market cap of over $93 million. Recent activity on BNB Chain DEXs led to a significant surge in 24-hour trading volume.

Binance continues to expand its platform, offering traders new tools and opportunities, while BMT and MUBARAK show significant volatility in the market.

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