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TechFlow news, July 23 — According to an official announcement, Binance will launch three new USDⓈ-M perpetual contracts on July 23, 2025: PENGUUSDC, CVXUSDT, and SLPUSDT. These contracts offer up to 75x leverage, support multi-collateral mode trading, have a funding rate settlement frequency of every four hours, and a maximum funding rate of ±2.00%.
According to an official announcement, Binance will launch three new USDⓈ-M perpetual contracts—PENGUUSDC, CVXUSDT, and SLPUSDT—on July 23, 2025. These contracts offer up to 75x leverage, support multi-asset mode trading, have a funding rate settlement frequency of every four hours, and a maximum funding rate of ±2.00%.
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