menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Binance Fu...
source image

Coindoo

7h

read

270

img
dot

Image Credit: Coindoo

Binance Futures Adds NEWTUSDT Perpetual Contract with AI-Powered Rollup Focus

  • Binance Futures has added a NEWTUSDT perpetual contract with up to 5x leverage.
  • The contract aims to cater to emerging technology sectors such as AI.
  • Newton Protocol (NEWT) integrates AI with blockchain through a secure rollup architecture.
  • NEWT has a total supply of 1 billion tokens and focuses on AI-driven trading strategies.
  • The NEWTUSDT perpetual contract is USDⓈ-margined and settled in USDT, with funding fees settled every four hours.
  • During the pre-market phase, the mark price is based on a rolling 10-second average of recent trade prices.
  • Once a stable index price from spot market data is established, the contract will transition to a standard perpetual format.
  • Binance advises users on the risks associated with the Newton Protocol, stating that some features are still under development.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app