Binance has announced the launch of new perpetual contracts ZORAUSDT and TAGUSDT with up to 50x leverage, representing a significant step in expanding trading capabilities on the Binance Futures platform.
Launch of New Contracts
Binance announced the launch of perpetual contracts ZORAUSDT and TAGUSDT, allowing traders to use leverage of up to 50x. The contracts are expected to be available starting July 25, 2025, providing a new instrument for participants on the platform.
Impact on Liquidity and Trading Volumes
The launch of these contracts may significantly raise attention to ZORA and TAG assets, which could in turn affect liquidity and trading volumes on the Binance platform. Since these contracts are aimed at traders seeking higher returns, this may lead to increased turnover in the derivatives market.
Outlook and Expectations
This move may also introduce unpredictability in related markets. Historically, similar product launches have led to short-term price fluctuations. While there are no direct mentions of impacts on major assets like ETH or BTC in early communications from Binance, this event could change liquidity dynamics for altcoin markets.
The launch of ZORAUSDT and TAGUSDT perpetual contracts on Binance signifies an important step in creating new trading opportunities that could significantly impact the market and trader behaviors.