Deniz 
Binance Futures has officially announced the launch of a new USDC-margined CRV perpetual contract, offering traders the opportunity to leverage their positions up to 25x. This new contract is set to go live on July 3, 2024, at 12:00 (UTC), expanding Binance’s range of derivative products and providing users with more trading options.
Key Features of the New Perpetual Contract
The newly introduced CRV perpetual contract is margined and settled in USD Coin (USDC), a stablecoin that ensures minimal volatility in margin calculations. This contract allows traders to engage with Curve DAO Token (CRV) using up to 25x leverage, thereby amplifying their exposure and potential returns.
Risk Management and Trading Benefits
The introduction of this high-leverage perpetual contract underscores Binance Futures’ commitment to offering advanced trading tools while maintaining robust risk management protocols. Traders are advised to understand the risks associated with leveraged trading, including the potential for substantial losses.
Enhanced Trading Opportunities
By offering a USDC-margined perpetual contract for CRV, Binance Futures aims to cater to the diverse needs of its users. This product will likely attract traders who prefer leveraging stablecoins for their trades, ensuring more stable and predictable margin requirements.
Official Launch Details
The CRV perpetual contract will be available for trading on Binance Futures starting July 3, 2024, at 12:00 (UTC). Traders are encouraged to familiarize themselves with the contract specifications and risk disclosures available on the Binance Futures platform.
For additional information, users can refer to the official Binance Futures announcement page or contact customer support.
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