Binance Starting Futures Trading for SHELL and GPS Today

At 17:00 (UTC), Binance will release GPSUSDT; at 17:15, SHELLUSDT.

The values of the cryptocurrencies decreased after Binance's declaration.

Binance formally announced today the introduction of two additional futures contracts:

GoPlus Security: GPS

SHELL, or MyShell

Binance is adding new futures contracts to provide customers with a larger range of trading alternatives and enhance their whole trading experience.

Listing Details for Binance Futures

In the official notes, Binance said it would offer the two futures contracts with up to 25x leverage:

GPSUSDT will show up at 17:00 (UTC).

SHELLUSDT will show up at 17:15 (UTC).

The crypto exchange also disclosed that the two digital currencies have already been mentioned on Binance Alpha, the website emphasizing Web3 projects with increasing promise.

The values of the cryptocurrencies surged before Binance's declaration and then dropped.

Prices for GPS and SHELL Dropped

GPS Trajectory in Pricing

GPS experienced great volatility today and its price surged before the Binance announcement. GPS changed from around $0.14 to over $0.15, however the currency lost a lot as the exchange announced its futures trade. Today the coin is five percent down.

GPS has a market capitalization of more than $264 million right now when I was drafting the essay. The team behind the Web3 project claims GoPlus Security is creating the "first decentralized layer."

SHELL Price trajectory

Price of SHELL also showed a little increase prior of the announcement of the swap, but it declined from $0.57 to current levels of $0.49 thereafter.

With a market capitalization of $132 million right now, SHELL is down by 10% today.

Users of the AI consumer layer MyShell may create, share, and own AI agents. Via agentic framework, open-source models, and AI creator community, the team links blockchain with artificial intelligence. Users of the initiative also get AI-powered usefulness and enjoyment.

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