SOONUSDT Contract Details

Effective May 23, 2025, Binance Futures will list the SOONUSDT contract, offering up to 50x leverage. This USDⓈ-M contract settles in USDT, supports 24/7 trading, and benefits from Multi-Assets Mode, allowing traders to use BTC and other assets as margin.

Click to Trade with 10% Discount on Binance Futures!

The SOON token is built on the SOON Stack, a high-performance SVM rollup architecture aiming to extend the Solana trading experience across platforms. With capped funding rates of +2.00% / -2.00% and funding fee settlements every four hours, the contract is designed for active, strategic trading.

Important Notes For Traders

• SOONUSDT will initially be available only on the Futures platform; spot listing is not guaranteed.
• Tick size details will be announced 15 minutes before the contract launch.
• Futures Copy Trading support will be available within 24 hours.
• Binance may adjust contract specs like funding fee or leverage depending on market conditions.

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Binance Futures will offer the new VICUSDT perpetual contract, allowing users to trade with up to 75x leverage. This contract will allow trading with the Viction (VIC) token against USDT. One of the most notable features is that the contract will be open 24/7, and funding fees will be settled every four hours. Additionally, users can take advantage of the multi-assets mode, allowing them to trade the VICUSDT contract using different margin assets.

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Viction Coin’s Value Rapidly Increased!

After the announcement of the VICUSDT perpetual contract on Binance Futures, the price of the VIC token saw a massive surge. The price of VIC increased by 130%, rising from $0.16 to $0.41. This significant increase has attracted more attention from traders and investors, boosting demand for the VICUSDT contract.

Binance also stated that it may adjust the specifications of the contract based on market risk conditions. Investors can continue exploring the features and new opportunities of the VICUSDT perpetual contract on the Binance Futures platform.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Crypto Whales and Notable Figures Among Those Affected

According to Arkham, these accounts are holding six to seven figure ranges of cryptocurrency altogether, which is locked in bridge contract. The company pointed out several examples, one of which was a wallet that belonged to Vitalik Buterin who received 50 Ether (ETH) and since seven months the $1.05 million has been stuck in the Optimism bridge. This is however a fraction of Buterin’s vast portfolio, highlighting the issue.

Surprisingly, one more wallet associated with the Bofur Capital, possibly associated with a Celsius creditor, holds $1.8 million of wrapped-Bitcoin (WBTC) stuck in the Arbitrum bridge for 27 months. In the same vein, Thomasg.eth, the pseudonymous creator of decentralized air transportation solution Arrow, has $800,000 in Ether locked in the Arbitrum bridge.

Bridges are a problem to even big players like Coinbase. Arkham revealed that Coinbase did try to bridge $75k in USDC to Ethereum through the Optimism bridge six months ago, but the funds are still waiting to be claimed on Ethereum’s base layer.

Although these situations do trigger alarms, it is possible that the wallet owners keep control of the funds and having decided to park them for a while. However, the disclosures exposed the weaknesses of cross-chain bridges that serve as crucial elements in the modular blockchain networks exemplified by Ethereum.

Bridge Vulnerabilities Highlighted Amidst Security Concerns

Bridges are designed to transfer the transaction responsibilities to layer 2 solutions while holding data availability and security at the base layer. Nevertheless, they are starting to attract hackers as a result of possible flaws in smart contracts or centralised validator sets.

The $650 million Ronin Bridge hack in March 2022 perpetrated by North Korea’s state-sponsored Lazarus Group is a good illustration. The group was able to gain the control of five out of nine private keys of the transaction validators, highlighting the importance of the strong security practices within the bridge infrastructure.

While the crypto community is wrestling with these issues, the findings of Arkham highlight the need for improved security procedures and caution in dealing with the changing world of decentralized finance.

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