Futures Contracts Archives - Coin Engineer

Crypto Market Shock on Bybit: Altcoins Dump Suddenly!

Yeliz Akmaca — Tue, 07 Oct 2025 08:05:18 +0000

On October 6–7, 2025, $SERAPH, $GORK, and $RFC experienced sudden price drops on Bybit. Investors are curious about the reasons behind these major market fluctuations. This development has drawn attention in the crypto market, affecting coin prices and altcoin trends.

$SERAPH Price Drop

$SERAPH traded at $0.0884 on October 7, showing a sharp 64% decline in 24 hours. This sudden drop surprised many investors. Bybit’s change in the maximum open position limit for SERAPH futures was one of the main causes of this price volatility.

The primary reason for this large Bybit dump was the chain liquidations triggered by the exchange after smart contract upgrades (Token Swaps) or delist decisions for tokens like $SERAPH, $GORK, and $RFC.

Additionally, $SERAPH’s low liquidity and speculative nature made it highly vulnerable to rapid market movements. Market analysis of coin prices and altcoin trends showed that investors were quick to close positions.

Movements in $GORK and $RFC

$GORK traded at $0.0143 on October 7, experiencing 64% volatility. Similarly, $RFC traded at $0.0125, recording a 54% drop.
Changes in futures position limits affected both token prices.
Low market capitalization triggered sudden speculative selling.
Risk-averse investor behavior amplified the declines.
As a result, $GORK and $RFC prices fluctuated significantly in a short period, attracting attention from crypto traders monitoring market volatility.

Altcoin Trends and Risk Management

This event highlighted the risks of using leverage on low-market-cap altcoins. Moreover, it showed how major exchanges can sharply close markets during token swaps or other events. This underscores the importance for investors to closely follow exchange and project announcements.

Price movements in SERAPH/USDT, GORK/USDT, and RFC/USDT charts indicated more than a typical market crash. Pairs first spiked to extreme levels, then fell below their previous values within seconds. Futures contracts, particularly for RFC and GORK, were critical to understanding the scale of the decline. These tokens, traded with high leverage (up to 50X), can generate massive losses from minor price changes.

Experts advise following basic risk management rules, especially when trading rising coins and small-cap tokens.

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Coinbase Lists Four New Futures Contracts!

Yigit Taha OZTURK — Fri, 04 Apr 2025 08:00:38 +0000

Coinbase International Exchange and Coinbase Advanced have announced the addition of new perpetual futures markets for Nillion (NIL), Vine (VINE), GUNZ (GUN), and Definitive (EDGE). Trading for these pairs will commence on April 10, 2025, at 9:30 AM UTC or later.

The newly listed trading pairs include:

NIL-PERP (Nillion Perpetual Futures)
VINE-PERP (Vine Perpetual Futures)
GUN-PERP (GUNZ Perpetual Futures)
EDGE-PERP (Definitive Perpetual Futures)

This listing is expected to boost market activity on Coinbase, providing traders with new opportunities for perpetual contracts.

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Impact on the Market

The addition of these perpetual futures allows traders to take both long and short positions, increasing liquidity and volatility for Nillion, Vine, GUNZ, and Definitive. As a result, these assets may experience a surge in interest leading up to the listing.

With this expansion, Coinbase continues to strengthen its position as a leading derivatives platform, catering to institutional and retail investors.

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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Binance Futures Lists Six New Coins!

Yigit Taha OZTURK — Thu, 20 Mar 2025 08:14:52 +0000

Binance Futures is launching new perpetual contracts to enhance user experience and offer more options for traders. These new contracts will allow up to 25x leverage, enabling traders to open larger positions with smaller capital, though this also increases the risks involved.

Initially, the TUTUSDT and BIDUSDT contracts will start trading on March 20, 2025. Following these, the BROCCOLI714USDT, BROCCOLIF3BUSDT, SIRENUSDT, and BANANAS31USDT contracts will be available on March 21 and 22, respectively. With the launch of these new contracts, Binance aims to provide its users with more flexibility and diverse strategies in the crypto market.

New Contracts and Details

TUTUSDT (Tutorial)
BIDUSDT (CreatorBid)
BROCCOLI714USDT (CZ’s Dog – broccoli.gg)
BROCCOLIF3BUSDT (Broccoli – firstbroccoli.com)
SIRENUSDT (Siren)
BANANAS31USDT (Banana For Scale)

These contracts will be available for trading 24/7 and offer up to 25x leverage. Additionally, the funding rate for these contracts will be updated every four hours, set at +2% / -2%.

Binance Futures (Futures Trading) Click Here to Trade with a 10% Discount!

Things to Watch Out for in the Market

With the launch of these new contracts, high volatility and short-term price movements will require traders to stay vigilant. Cryptocurrency markets typically experience more volatility compared to other financial markets. Therefore, it is crucial for users to carefully analyze market conditions before engaging in leveraged trading to minimize risks. Binance provides regular education and updates on trading rules and platform usage for investors.

By offering more options in the crypto derivatives market, Binance aims to help its users better manage both risks and potential profits. However, each trader should develop strategies suited to their risk profile and only invest an amount they are willing to lose.

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OKX to Remove GFT Trading Pair and Futures Contracts!

Orhan — Thu, 28 Nov 2024 16:00:05 +0000

As of November 28, OKX has removed the GFT/USDT trading pair from both futures and margin trading sections. Any open orders in your order book will be canceled once they are removed from the list. It’s important to pay close attention to this. Payments for open positions will be made based on the average price in the last half hour before delisting, and the positions will be closed automatically.

Futures (Perpetual Futures):

The GFT/USDT perpetual futures pair will be removed on December 3, 2024, at 08:00 UTC, due to low trading volume and failure to meet performance criteria. Open positions will be automatically closed based on the average price during the one-hour period before delisting.

Margin Trading:

GFT/USDT margin trading will gradually be disabled between November 28 – December 2, 2024. All leveraged users must close their positions in time.

It is recommended that users carefully manage risk during the delisting process to avoid any losses.

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