Binance has expanded its cryptocurrency derivatives offerings with new USDⓈ-margined perpetual contracts for PENGU/USDC, CVX/USDT, and SLP/USDT pairs. These contracts enable traders to utilize leverage of up to 75 times, amplifying both profit potential and risk exposure.
The contracts employ stablecoins—USDC for PENGU trading and USDT for CVX and SLP—as collateral, creating a more stable trading environment by mitigating volatility concerns. The assets cover distinct market sectors: metaverse (PENGU), decentralized finance protocols (CVX), and gaming/non-fungible token ecosystems (SLP).
This launch enhances Binance’s derivatives portfolio by providing exposure to emerging crypto segments through leveraged instruments. The exchange underscores the necessity of disciplined risk management protocols due to the high-risk, high-reward nature of 75x leverage trading. Traders are advised to employ appropriate strategies to manage capital exposure effectively.