🔥 Two New Altcoins Listed on Binance Futures: #MYX and #SynFutures (F)!
#Binance , the world's largest cryptocurrency exchange, announced on Wednesday, June 18, that it has added two new altcoins to its futures platform. With the listing, MYX Finance (MYX) and SynFutures (F) tokens have become available to investors through USDT-margined perpetual futures contracts. Both contracts offer a maximum leverage of 50x.
⏰ Trading Times and Technical Details
MYXUSDT contract: Active as of June 18th 12:30 UTC
FUSDT contract: Active as of June 18th 12:45 UTC
Leverage: Maximum 50x
Margin Type: Perpetual forward with USDT margin
Funding Rate: Initially between -2.00% and +2.00%, updated every 4 hours
Multi-Assets Mode: Supported – different assets such as BTC can be used as collateral
🔍 What is MYX Finance (MYX)?
MYX Finance is a decentralized derivatives protocol that operates entirely on-chain and operates on an automated market maker (AMM) model. The biggest difference is that it does not offer custody services. This allows users to maintain control of their wallets at all times.
Key Features:
AMM-based perpetual futures
No custody service required
Real-time price discovery
High flexibility and ease of access
🔎 What is the SynFutures (F) Project?
SynFutures is a DEX project that aims to provide infrastructure for the decentralized finance (DeFi) system of the future. Its main goal is to offer traditional futures instruments in a decentralized environment and allow users to create derivative contracts for all types of assets.
Key Features:
User-oriented derivatives creation tool
Decentralized structure (DEX)
Wide collateral options (ETH, USDT, wBTC, etc.)
Infrastructure combining traditional and crypto markets
📊 Binance's Strategic Move
Binance's addition of these two altcoins to futures shows that the platform is moving towards more DeFi-based projects. Both MYX and SynFutures offer derivative platforms where users can set their own conditions, unlike traditional exchange structures. Binance continues to offer active investors broader opportunities by integrating altcoins with high risk and return potential into its futures platform.
This development creates a remarkable opportunity, especially for leveraged traders. However, it should not be forgotten that leverage rates as high as 50x can cause serious losses as well as big gains.
📈 Conclusion: New Generation DEXs Take the Stage in Futures
The addition of MYX and F tokens to Binance futures shows that DeFi-based altcoins are becoming more visible on traditional crypto exchanges. This development should be on investors' radars in terms of both short-term trading opportunities and long-term growth potential.
💡 Warning: High leverage transactions are for experienced users. Please invest according to your own risk profile.
