Binance announced the listing of the JSTUSDT futures contract with leverage of up to 75x, effective from April 28, 2025, enhancing their futures trading portfolio.
The introduction of high leverage contracts is expected to boost trading volume and increased interest in JUST, potentially impacting related DeFi markets.
Binance expands futures contracts with the JSTUSDT contract
Binance, a leading cryptocurrency exchange, has expanded its trading portfolio by introducing the JSTUSDT futures contract with leverage of up to 75x. This move aligns with efforts to diversify the trading products available to users.
The new perpetual contract pertains to JUST (JST), a DeFi project on the TRON blockchain. This launch has no disclosed information regarding the funding source of the organization or changes in market details at this time.
75x leverage to transform JST trading activity
The listing is anticipated to directly affect the trading activity of JUST (JST), with the potential to increase price volatility and trading volume. Binance supports these contracts with a multi-asset margin mode, allowing the use of various collateral types.
This event highlights Binance's strategy to enhance user activity on their platform. The event also focuses on the growing DeFi market, significantly impacting cryptocurrency trading dynamics overall.
High leverage contracts and market significance
Binance has a history of launching high leverage contracts for various altcoins, such as SLERFUSDT. These launches often increase speculative trading interest and drive short-term market volatility.
Based on historical trends, the introduction of these contracts may lead to significant asset volatility, encouraging investor participation and bringing DeFi protocols further into mainstream trading.
Official announcement from Binance - "To expand the list of trading options offered on Binance Futures and enhance the trading experience for users, Binance Futures will launch the following perpetual contract: 28-04-2025 09:30 (UTC): JSTUSDT perpetual contract with leverage of up to 75x." Binance announcement
