Binance Futures has announced the launch of new USDT-margined perpetual contracts for BR and PLUME following key developments in both projects.
Launch of Contracts on Binance Futures
According to the latest announcement, Binance Futures will launch the BRUSDT Perpetual Contract on March 21 at 12:45 UTC, followed by the PLUMEUSDT Contract at 13:00 UTC. Both contracts will offer traders up to 25x leverage and will be available in multi-assets mode. The maximum funding rate at launch is set at ±2.00%, with funding fees calculated every four hours.
Developments in Bedrock and Plume Network
The launch comes after Binance's Bedrock token generation event, which took place on March 20 via PancakeSwap. During the event, users received 50 million BR tokens, representing 5% of the total supply. Bedrock is a liquid restaking protocol on BNB Smart Chain, allowing Bitcoin staking through uniBTC while maintaining liquidity. Plume Network gained attention following YZi Labs' investment announcement on March 17. The modular blockchain Plume, designed for real-world asset tokenization, has onboarded over 18 million wallets on its testnet and partnered with over 180 protocols.
Changes to Binance Liquidity Program
These updates coincide with Binance's latest changes to its fiat liquidity program, set to take effect on March 24, 2025, at 00:00 UTC. A second qualification tier for EUR markets was introduced and the Maker Fee Rebate Rate was modified to enhance liquidity incentives. Tier 1 now requires a Maker Volume Percentage of 0.5%, offering a Maker Fee Rebate Rate of -0.005%. The new Tier 2 demands a 1.0% Maker Volume Percentage with a higher rebate rate of -0.010%. Binance confirmed that the qualification review process will begin on March 24, with weekly assessments conducted under an updated performance evaluation system.
These updates to Binance Futures and the liquidity program highlight market dynamics and the platform's ongoing efforts to improve user conditions.
