Binance Boosts Futures Trading with New Perpetual Contracts

Binance is expanding its futures trading options by introducing new perpetual contracts, offering traders up to 75x leverage. These additions include PENGUUSDC and CVXUSDT, aiming to attract a broader range of participants seeking increased flexibility in their trades. This move could drive more market activity for assets like PENGU, CVX, and SLP, as traders with higher risk tolerance are drawn to the enhanced leverage options.