Binance Futures Announces ASR & ALPINE Contract Listings, Tokens Skyrocket Over 50% 

Binance Futures launches ASRUSDT and ALPINEUSDT contracts with up to 75x leverage and advanced trading features. ASR and ALPINE tokens surged over 50% post-launch, driven by increased exposure and speculative interest. Enhanced flexibility, 24/7 trading, and futures copy trading aim to boost engagement in the growing fan token market.

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Pardon Joshua
Pardon Joshua
Pardon Joshua is a seasoned crypto journalist with three years of experience in the rapidly evolving blockchain and digital currency space. His insightful articles have graced the pages of reputable publications such as CoinGape, BitcoinSensus, and CoinGram.us, establishing him as a trusted voice in the industry. Pardon's work combines in-depth technical analysis with a keen understanding of market trends, offering readers valuable insights into the complex world of cryptocurrencies.

Binance Futures has officially announced the launch of two new USDⓈ-M perpetual contracts: ASRUSDT and ALPINEUSDT. 

These contracts are based on the AS Roma Fan Token (ASR) and the Alpine F1 Team Fan Token (ALPINE), respectively. 

Both contracts went live on May 6, 2025, with ASRUSDT launching at 09:30 UTC and ALPINEUSDT at 09:45 UTC. 

Traders can access up to 75x leverage on both contracts, offering increased opportunities for high-return strategies. 

The introduction of these contracts is part of Binance’s ongoing efforts to expand its futures offerings and enhance the trading experience for users across various interest-driven tokens.

Enhanced Trading Features Aim to Improve User Engagement and Liquidity

The new ASR and ALPINE contracts feature 24/7 trading availability, four-hour funding fee settlements, and capped funding rates of ±2.00%. 

Binance has also enabled the Multi-Assets Mode for these contracts, allowing users to use other cryptocurrencies, such as BTC, as margin collateral. 

The flexibility is expected to boost liquidity and user participation, especially among experienced traders looking to diversify their margin strategies. 

Additionally, Binance has stated that the contracts will be eligible for Futures Copy Trading within 24 hours of launch, a move aimed at encouraging community participation and lowering the entry barrier for less experienced traders. 

All contract specifications are subject to adjustment based on evolving market conditions, reinforcing Binance’s adaptive risk management framework.

Also Read: Binance Futures Announces Listing Of $COOKIE, $ALCH & $SWARMS Perpetual Contracts, Prices Jump By 19%, 22% & 36% Respectively

Market Sentiment and Community Impact of Fan Token Listings

The launch of ASR and ALPINE perpetual contracts reflects Binance’s growing emphasis on fan tokens as a viable trading segment. 

ASR offers fans of the AS Roma football club unique digital engagement opportunities, while ALPINE stands out as the first Formula One-themed token backed by Binance. 

Their availability on the futures market not only increases exposure but also solidifies their presence in mainstream crypto trading. 

The significant price increases also suggest that the market perceives these tokens as more than just novelty assets, instead recognizing their utility and potential for returns. 

With Binance continuing to integrate real-world fan engagement into crypto financial products, tokens like ASR and ALPINE are positioned to play a larger role in the intersection of sports, entertainment, and digital finance.

Also Read: Dar Open Network Token $D Drops More Than 15% After Binance Futures Announces Perpetual Contract Listing

ASR and ALPINE Tokens Skyrocket Over 50% Following Futures Launch

Following the announcement and subsequent launch of these contracts, both ASR and ALPINE tokens experienced sharp upward price movements. 

ASR surged by 53.01% within 24 hours, reaching a trading price of $2.10 with a daily volume of over $16.5 million. 

SOURCE: Coingecko ASR Price

The recent developmemnt brings its market capitalization to approximately $13.55 million, reflecting increased investor enthusiasm and demand. 

Meanwhile, ALPINE rose even higher, gaining 56.75% in a single day and trading at $1.20, backed by a daily volume of nearly $2.9 million.

SOURCE: Coingecko ALPINA Price

Its market cap now stands at approximately $13.67 million. 

These spikes are largely attributed to heightened speculative interest driven by the futures listings, which have made both tokens significantly more accessible and attractive for leveraged trading.

Also Read: Binance Futures Announces Perpetual Contract Listing For $Broccoli, $TUT, and $BID Tokens, Triggers 63%, 92%, 227% Price Rally Respectively

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