Binance, a leading global cryptocurrency exchange, has expanded its derivatives offerings with USDⓈ-margined perpetual contracts for three tokens: GRIFFAIN (GRIFFAINUSDT), AI16Z (AI16ZUSDT), and ZEREBRO (ZEREBROUSDT). These contracts support leverage of up to 75x, catering to advanced traders seeking high-risk, high-reward opportunities.
Key Features of the New Perpetual Contracts
- Leverage: Up to 75x
- Trading Pairs: GRIFFAINUSDT, AI16ZUSDT, ZEREBROUSDT
Launch Schedule (UTC+8):
- GRIFFAINUSDT: January 2, 2025, at 21:30
- AI16ZUSDT: January 2, 2025, at 21:45
- ZEREBROUSDT: January 2, 2025, at 22:00
The contracts are designed to provide liquidity and flexibility for traders capitalizing on volatile market movements.
Binance Alpha’s 10th Batch of Project Tokens
In parallel, Binance Alpha unveiled its latest token batch, emphasizing AI-driven innovations:
- SWARMS: A Solana-based AI multi-agent collaboration protocol.
- TAOCAT: A self-improving AI agent on the Bittensor network.
- Degen Spartan AI: An autonomous AI agent for decentralized decision-making.
👉 Explore more about AI-integrated crypto projects
Market Reactions
Prominent trader Eugene Ng Ah Sio noted on social media:
"I smell a shift from ‘AI Agent Narrative’ to ‘Meme or Utility Token Revival’ in today’s Binance announcement."
This sentiment reflects broader industry trends, where AI-blockchain hybrids compete with meme coins for investor attention.
Why This Matters
- Diversified Trading Options: Perpetual contracts enable hedging and speculative strategies.
- AI-Blockchain Synergy: New tokens highlight Binance’s focus on cutting-edge tech.
- High Leverage: Attracts experienced traders but requires risk management.
FAQs
Q: What are perpetual contracts?
A: Derivatives without expiry dates, settled continuously, ideal for long/short positions.
Q: How does 75x leverage work?
A: Traders can amplify gains/losses by borrowing funds; e.g., $100 controls $7,500 in trades.
Q: Are these tokens available for spot trading?
A: Currently, only perpetual contracts are announced. Check Binance’s spot market for updates.
Q: What risks come with high leverage?
A: Liquidation risks increase; even small price swings can erase margins.
👉 Learn risk management strategies for crypto trading
Conclusion
Binance’s rollout underscores its dominance in crypto derivatives and AI-focused tokenization. Traders should stay informed about contract specifics and market trends to navigate this dynamic landscape effectively.