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Binance Launches Perpetual Contracts for 2 New Altcoins With Up to 50x Leverage

  • Binance is launching perpetual contracts for two new altcoins with up to 50x leverage on June 11, 2025.
  • The TAIKOUSDT perpetual contract will go live at 12:30 UTC, followed by SQDUSDT at 12:45 UTC.
  • These contracts will be USDⓈ-margined, allowing settlement in USDT rather than the base asset.
  • TAIKO and SQD tokens are listed on Binance’s Alpha Market, hinting at growing interest in these assets prior to the futures rollout.
  • This step is in line with Binance’s strategy to increase trading accessibility and offer higher-risk, higher-reward instruments for experienced users.
  • Traders are advised to manage leverage carefully, especially with new listings that may exhibit increased volatility.

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