Binance Futures has expanded its trading opportunities by introducing Raydium, Koma Inu, Virtual Network, and SPX6900 contracts with high leverage.
Binance Futures has broadened its product offering by incorporating Raydium (RAYSOL), Koma Inu (KOMA), Virtual Network (VIRTUAL), and SPX6900 (SPX) perpetual contracts. Koma Inu is the most notable of the new listings, having experienced a 136% increase in the past 24 hours, and is expected to maintain its strong upward trajectory.
Introducing these perpetual contracts aims to improve the trading experience on Binance Futures by providing users with additional opportunities to access new assets and trade with high leverage. Koma Inu, in particular, has been generating significant buzz due to its remarkable growth, which has increased by 200% in a single week and by an astonishing 2500% in the past month. These contracts are anticipated to attract more traders and enhance market engagement as they become operational.
Binance Future Introduces Perpetual Contracts for SPX, RAYSOL, KOMA, and VIRTUAL
Binance Futures made an official announcement on December 10 regarding the introduction of new perpetual contracts for Raydium (RAYSOL), Koma Inu (KOMA), Virtual Network (VIRTUAL), and SPX6900 (SPX). These developments further solidify Binance’s status as a preeminent digital asset platform.
These perpetual contracts will be implemented throughout the day. Each trading pair will consist of RAYSOL/USDT, KOMA/USDT, VIRTUAL/USDT, and SPX/USDT, offering users a wide range of options to enter the market and leverage these new contracts up to 75x.
These perpetual contracts will be traded with USDT as the settlement asset regarding contract details. Raydium will have a tick size of 0.0001, while Koma Inu, Virtual Network, and SPX6900 will have tick sizes of 0.00001 or 0.0001, providing precise trading opportunities. Traders can engage in these contracts at any time, as they will be accessible around the clock.
Price Summary for Raydium, SPX6900, Koma Inu, and Virtual Network
Koma Inu has been one of the most captivating performers in the market. It is trading at $0.144, a 136% increase in the past 24 hours. It has increased by 200% in the past week and by an impressive 2500% in the past month. This robust growth indicates investor confidence and may persist as additional users enter the market.
SPX6900 was priced at $0.685 and had a 24-hour range of $0.5564 to $0.7084. It had increased by 4% in the past 24 hours but decreased by 14% over the past month.
Virtual Network was trading at $1.64, representing a 6% increase in the past 24 hours and a 371% increase over the past month. The market capitalization of Virtual Network was $1.65 billion, which was indicative of its increasing popularity.
In the interim, Raydium is trading at $4.45, garnering attention as a robust new addition to Binance Futures. Magic Eden was listed on Binance today, demonstrating the exchange’s dedication to fostering high-potential projects. This listing should further solidify the company’s position in the crypto space.
