Binance adjusts leverage on several perpetual contracts, increasing TRUMP to 50x

Binance adjusts leverage on several perpetual contracts, increasing TRUMP to 50x

Binance Futures has made significant adjustments to its leverage and margin tiers for multiple perpetual contracts, including increasing the leverage on the TRUMP contract from 25x to 50x. This change will come into effect on January 22, 2025, at 16:00 ET. However, Binance has reassured traders that their current positions will not be impacted by this adjustment.

Previously, the TRUMPUSDT perpetual contract, which launched on January 18, 2025, had a maximum leverage of 25x. With the new update, Binance will allow traders to use up to 50x leverage, effectively doubling the previous limit. Along with this increase in leverage, Binance has also reduced the margin rate for positions from 2.00% to 1.00%, with all other margin rates above it being trimmed by at least 50% or more. These changes will directly affect users based on their current positions. For example, a trader with a position between 0 and 5,000 will now be trading with a margin rate of 1.00% instead of the previous 2.00%. However, users with higher positions, ranging from 1.5 million to 3 million, will now trade with a margin rate of 12.50% instead of the earlier 50% margin rate.

The TRUMP meme coin has seen a more than 5% increase in its value over the past 24 hours, with the current trading price standing at $41.68.

In contrast to the TRUMP contract, the leverage for the LITUSDT USDT-based perpetual contract has been reduced from 25x to 10x. While most of the margin rates for LITUSDT remain the same, the 25.00% margin rate, which previously applied to positions up to 550,000, has been adjusted to apply to positions only up to 520,000. Positions between 520,000 and 550,000 will now fall under the 50.00% margin rate.

Additionally, the leverage for the NEIROETHUSDT perpetual contract, which is also USDT-based and linked to the First Neiro token on Ethereum, has been lowered from 25x to 15x. The margin rates for NEIROETHUSDT remain mostly unchanged, but the 25.00% margin rate now applies to positions ranging from 500,000 to 700,000, replacing the previous position range of 1 million. Positions between 700,000 and 1 million will now face a 50.00% margin rate.

Binance has also made adjustments to the WLDUSD perpetual contract. The leverage has been reduced from 20x to 10x, although the margin rates for WLDUSD positions remain unchanged. However, the maximum position for the 50.00% margin rate has been reduced from 1 million to 600,000.

Lastly, the DOGSUSD coin-margined perpetual contract has seen minimal adjustments. The leverage and margin rate for DOGSUSD remain the same as initially set. However, the maximum position for the 50.00% margin rate has been lowered from 3 billion to 2 billion.

These changes by Binance Futures are part of the exchange’s ongoing effort to refine and adapt its offerings to ensure a better trading experience for its users.

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