Binance Futures will launch BTCU and ETHU Coin-Margined Perpetual Contracts, supporting up to 100x leverage.

BlockBeats News, June 30th, Binance announced that, to enhance trading options and improve user trading experience, Binance Futures will launch two U-margined perpetual contracts:

The BTCU U-margined perpetual contract will go live on July 1st at 09:00 (UTC), supporting up to 100x leverage;

The ETHU U-margined perpetual contract will go live on July 1st at 10:00 (UTC), supporting up to 100x leverage.

Both contracts are settled in U, with funding settlement every 8 hours, a funding rate cap of ±0.375%, and support for cross-collateral and contract copy trading. Binance stated that it will dynamically adjust contract parameters, including funding rates, maximum leverage, and margin requirements, based on market risk conditions.