BloFin, a growing platform in the crypto derivatives market, reports the launch of coin-margined perpetual contracts for six leading altcoins, significantly expanding user trading opportunities.
Overview of New Contracts
The new perpetual contracts are set to go live on June 27, 2025, at 10:00 UTC for the following altcoins: Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Uniswap (UNI), and TRON (TRX).
Advantages of Margined Contracts
Unlike traditional USDT-margined products, the new listings allow traders to use the underlying asset, such as SOL or DOGE, as both margin and settlement currency. This gives users the ability to maintain long-term asset value while optimizing short-term trading strategies and risk management.
BloFin's Development Strategy
As part of its broader strategy to establish a fully-featured crypto derivatives platform, BloFin earlier introduced coin-margined contracts for Bitcoin and Ethereum, laying the groundwork for a robust asset-aligned trading infrastructure.
The updates being rolled out by BloFin highlight their commitment to enhancing capital efficiency and minimizing conversion friction, which is an attractive proposition for both long-term holders and active market participants.
