Binance Futures, one of the world’s largest cryptocurrency exchanges, has announced a new listing for Binance Futures in a new announcement.
Binance Futures Launches BABYUSDT Perpetual Contract with Up to 5x Leverage
Binance Futures has announced the launch of the BABYUSDT perpetual contract, offering traders the opportunity to use leverage of up to 5x. This new addition aims to enhance the trading experience by expanding the range of financial instruments available on the platform.
Key Details of the BABYUSDT Perpetual Contract:
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Launch Date: April 5, 2025, 13:30 (UTC)
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Underlying Asset: BABY (Babylon)
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Settlement Asset: USDT
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Maximum Leverage: 5x
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Capped Funding Rate: +2.00% / -2.00%
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Funding Fee Settlement Frequency: Every four hours
At the time of launch, the maximum funding rate for the BABYUSDT perpetual contract has been set at +2.00% / -2.00%, with funding fees settled every four hours.
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Although the listing of BABYUSDT has sparked interest among users, newly listed perpetual contracts with leverage tend to be highly volatile. Traders are strongly encouraged to manage their risk accordingly and proceed with caution when engaging in leveraged trading.
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