On July 4, 2025, Binance announced the launch of BULLA and IDOL perpetual contracts, providing new opportunities for traders with leverage of up to 50x.
Launch of BULLA and IDOL Contracts
Binance has announced the launch of the BULLAUSDT and IDOLUSDT perpetual contracts on July 4, 2025. Trading for BULLAUSDT will begin at 17:00 (UTC+8), and for IDOLUSDT at 17:15 (UTC+8). These contracts offer traders the possibility of using leverage up to 50x, which has the potential to increase volatility and speculation on the platform.
Expected Market Volatility
The introduction of new contracts may lead to increased trading volume and potential volatility. The opportunities provided by high leverage attract speculative traders, but this volatility can also lead to risky situations. It is worth noting that, currently, market reaction remains measured, with no significant comments from executives or analysts.
Market and Trader Attention
Currently, BULLA (BULLA) is trading at $0.08 with a market cap of $21,087,324. Over the past 24 hours, a declining trend has been observed, which may be linked to negative market sentiment. The trading volume during this period stood at $210,027,517, indicating potential fluctuations due to the market situation.
The launch of the BULLA and IDOL perpetual contracts on Binance may bring new opportunities for traders but also risks associated with high volatility. Market participants are advised to exercise caution when trading with high leverage.
