Binance Futures Introduces VTHOUSDT Perpetual Contract with Up to 75x Leverage

Binance Futures is set to expand its trading options with the launch of the USDⓈ-Margined VTHOUSDT Perpetual Contract, offering up to 75x leverage, starting January 22, 2025, at 09:30 (UTC).Key Details of VTHOUSDT Perpetual Contract:Contract TypeUSDⓈ-M Perpetual ContractLaunch Time2025-01-22 09:30 (UTC)Underlying AssetVeThor Token (VTHO)Contract Address0x0000000000000000000000000000456E65726779Project InfoVeThor (VTHO) is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions.Settlement AssetUSDTTick Size0.000001Capped Funding Rate+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursMaximum Leverage75xTrading Hours24/7Multi-Assets ModeSupportedImportant Notes for Traders:The maximum funding rate at the time of launch is set at +2.00% / -2.00%, with funding fees settled every four hours.Binance may adjust contract specifications, such as leverage limits, funding rates, and margin requirements, based on market conditions.The Multi-Assets Mode feature allows users to trade using various margin assets, such as BTC, subject to applicable haircuts.Initial Funding Rate Schedule:Time (UTC)Max Funding Rate2025-01-22 12:00+2.00% / -2.00%2025-01-22 16:00+2.00% / -2.00%2025-01-22 20:00+2.00% / -2.00%2025-01-23 00:00+2.00% / -2.00%