Binance has announced the launch of perpetual contracts for ZORAUSDT and TAGUSDT with a leverage of up to 50x. This event took place on July 25, 2025, expanding the range of derivative financial instruments on the platform.
About the Launch of ZORAUSDT and TAGUSDT Contracts
Binance Futures launched the perpetual contracts for ZORAUSDT and TAGUSDT, each offering up to 50x leverage. This launch took place under the leadership of Richard Teng, signaling ongoing efforts to expand trading options. As stated in Binance's official announcement, "To provide more trading options on the Binance futures platform and enhance the user trading experience, Binance futures will launch the ZORAUSDT perpetual contract with a maximum leverage of up to 50 times; and will launch the TAGUSDT perpetual contract with the same maximum leverage."
Potential Impact on Trading Volumes
The launch of these contracts is expected to increase trading volumes on Binance. Short-term fluctuations in prices for ZORA and TAG are anticipated as traders explore leverage opportunities. Market observers note that these new futures may have a significant impact on the derivative cryptocurrency markets.
History of Binance Futures and Analyst Insights
Binance has a history of successfully launching altcoin futures, often leading to short-term spikes in trading volumes. Analysts mention that similar past events typically boost initial trading activity before reverting to normal. Predictions suggest traders could leverage new opportunities, but temporary rallies will depend on overall market conditions.
The launch of ZORAUSDT and TAGUSDT contracts by Binance represents a significant expansion of trading options on the platform. This event is expected to impact trading volumes and market volatility, providing traders with new instruments for trading.
