Binance Adds 75x USDⓈ-Margined Futures for PENGU, CVX, SLP

Published: 2025-07-23 08:09:15 |

Binance has launched new USDⓈ-margined perpetual futures (Binance USDⓈ-Margined Futures) for PENGU/USDC, CVX/USDT and SLP/USDT, each offering up to 75x leverage. These Binance USDⓈ-Margined Futures use USDT or USDC as collateral, eliminating expiry dates and enabling traders to calculate profits and losses in stablecoins. Scheduled on July 23 at 10:30 UTC (PENGU), 14:30 UTC (CVX) and 14:45 UTC (SLP), the contracts target NFT, DeFi and gaming users. Binance’s robust risk controls, including transparent funding rates, margin calls and auto-liquidations, help manage high-leverage risks. The expansion enhances hedging, arbitrage and speculative strategies, while requiring disciplined risk management in this volatile derivatives market.

Bullish

Listing USDⓈ-margined perpetual futures for PENGU, CVX and SLP is a bullish development for these tokens. In the short term, the new Binance USDⓈ-Margined Futures can drive higher trading volume and liquidity, attracting speculators seeking 75x leverage and boosting price momentum. Over the long term, the availability of stablecoin-collateralized futures supports market maturity and confidence, as traders gain clearer P&L visibility and robust risk controls reduce liquidation risks. However, the high leverage also increases volatility, so disciplined risk management remains essential for sustained bullish momentum.