Binance announced 75x leveraged perpetual futures contracts for B2, MILK, ASR, and ALPINE.
B2 Network and MilkyWay are crucial infrastructure initiatives for Bitcoin's Layer-2 and the Celestia modular ecosystem.
ASR and ALPINE, fan tokens, surged sharply after the futures listing.
Binance launched multiple perpetual futures contracts with USDT margin.
Now covers infrastructure, staking protocols, and fan engagement tokens in its derivatives market.
Arrangements allow up to 75x leverage for certain assets.
The release schedule is:
B2USDT: May 6, 50x leverage
MILKUSDT: May 6, 50x leverage
Up to 75x leverage for ASRUSDT and ALPINEUSDT
Fan tokens increased the most in the last 24 hours.
Bitcoin Layer-2 for Modular DeFi
B2 is the cryptocurrency of B² Network, a Layer-2 solution that enhances Bitcoin's capabilities for decentralized banking, NFTs, and modular applications. It utilizes Bitcoin's Layer-1 proof of work and Layer-2 ZK verification.
Key Features of B² Network:
Over 136 million transactions
Almost 11 million wallet addresses
Over 15 million users
Around 678 million USD in TVL.
B² promises to enhance the scalability and functionality of Bitcoin by providing developers and consumers with a faster, cheaper, and composable infrastructure.
After the futures listing announcement, the price of B2 rose by 7% in 24 hours.
MilkyWay, a modular liquid staking and restaking technology from Celestia, uses MILK as its native currency. To facilitate decentralized applications, validators, and cross-chain infrastructure, users can stake and restake tokens.
Highlights of MilkyWay's growth:
Total TVL above 148 million USD
Over 50 relationships in the ecosystem
It is funded by Polychain Capital, Binance Labs, and others.
Over 300,000 users
MilkyWay facilitates open staking. Daily earnings from the MILK token were 3%.
The fan token of AS Roma is ASR. Fan engagement opportunities are offered, including voting rights, exclusive merchandise, and incentives for items through Socios.
ASR had the highest market response in 24 hours of all listed tokens, increasing by 46%. The early availability of high-leverage perpetual contracts may have stimulated trading interest.
The official fan token of Alpine F1 is ALPINE. Fan engagement elements such as rewards and VIP experiences are similar to ASR.
ALPINE rose by 40% in 24 hours, matching ASR. Perpetual contracts with 75x leverage may increase speculation in the market in the coming days.
#BinanceFutures #MILK #ASR #ALPINE #FanTokens $ALPINE
