Binance to Launch USDⓈ-M Composite Index Perpetual Contract with 75x Leverage

According to the announcement from Binance, the platform is set to introduce the USDⓈ-M Binance ALL composite index perpetual contract, offering up to 75x leverage, on August 6, 2025, at 09:00 (UTC). The Binance ALL composite index is a new cryptocurrency price index that tracks all cryptocurrencies listed as USDⓈ-M perpetual contracts quoted in USDT on Binance Futures, excluding certain contracts such as ETHBTC perpetual contracts and those quoted in USDC or other stablecoins. The index is calculated using weighted averages of all constituent index prices in real-time. The Binance ALL composite index features a regular rebalancing mechanism, scheduled to occur daily at 08:00 (UTC). Any new USDⓈ-M perpetual contracts quoted in USDT listed before the rebalance time will be added to the index on the same day, while those listed after will be included in the next day's rebalance. Contracts scheduled for delisting will be excluded from the index 40 hours before the delisting time during the nearest rebalancing cycle. The index specifications include a base index of 1, a minimum trade amount of 10 ALL, and a tick size of 0.001. The settlement asset is USDT, with a capped funding rate of +3.00% / -3.00%, and funding fee settlement occurring every eight hours. Binance's new perpetual contract will be part of the Futures New Listing Fee Promotion campaign and available for Futures Copy Trading within 24 hours of launch. The Multi-Assets Mode allows users to trade across multiple margin assets, subject to applicable haircuts. Binance may adjust contract specifications based on market risk conditions, including funding fees, tick size, and leverage. The perpetual contracts are governed by Binance's Terms of Use and Futures Service Agreement, with no correlation between futures and spot token listings.