Binance adds 7 new TradFi perpetual contracts, covering underlying assets such as RoboStrategy, Intel leveraged ETFs, and others.
2 hours ago
According to a Binance announcement, Binance Futures will roll out a total of 7 USDⓈ-M TradFi (Traditional Finance) perpetual contracts on July 9: BOTUSDT, WENUSDT, INTWUSDT, SNXXUSDT, XBIUSDT, BNCUSDT, and FWDIUSDT, to further enrich trading options for traditional financial asset derivatives. Each contract tracks a specific underlying asset: BOTUSDT tracks RoboStrategy (Nasdaq: BOT), WENUSDT tracks U.S. chain restaurant brand Wendy's (Nasdaq: WEN), INTWUSDT tracks GraniteShares 2x Long Intel ETF, SNXXUSDT tracks Tradr 2x Long Sandisk ETF, XBIUSDT tracks SPDR S&P Biotech ETF, BNCUSDT tracks CEA Industries (Nasdaq: BNC), and FWDIUSDT tracks Forward Industries (Nasdaq: FWDI). All contracts are USDT-settled, support 24/7 trading and multi-asset mode. Leverage caps differ: 25x for BOT, WEN, INTW, SNXX, and XBI; 10x for BNC and FWDI. The funding rate is settled every 8 hours, with an upper limit of ±2%.
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