On January 2nd, Binance Futures announced the launch of three new perpetual contracts, expanding its trading options and further enhancing its users’ trading experience.
The newly introduced contracts, GRIFFAINUSDT, AI16ZUSDT, and ZEREBROUSDT, will offer leverage of up to 75x, marking a significant step in diversifying trading instruments on the platform.
Key Features of the New Perpetual Contracts
The contracts come with a maximum funding rate of ±2.00% at launch, with funding fees settled every four hours. Binance has emphasized that these specifications, including funding fees, leverage, and margin requirements, may be adjusted based on market risk conditions.
In addition, the contracts are compatible with Binance’s Multi-Assets Mode, enabling users to use multiple margin assets, such as BTC, when trading these pairs. This flexibility is expected to attract a wide range of traders seeking diverse and efficient trading options.
The three tokens—Griffain (GRIFFAIN), ai16z (AI16Z), and Zerebro (ZEREBRO)—are already listed in Binance’s Alpha Market, reflecting their increasing prominence in the crypto ecosystem.
The announcement has sparked significant market activity, with all three tokens experiencing substantial price increases and trading volume surges.
Price Actions of the Token
Griffain, an innovative platform that allows users to create and manage AI agents, saw its price rise by nearly 4% in a day, trading at $0.3954.
Its global market cap has reached $397.87 million, with a 24-hour trading volume increase of 6.98%. The token has gained more than 60% over the past week, reflecting strong market confidence.
Bitget also listed GRIFFAIN recently, further boosting its visibility. Griffain’s unique ability to convert human requests into complex AI-driven transactions positions it as a standout player in the evolving Web3 landscape.
AI16Z, trading at $2.02, witnessed a daily price increase of nearly 5%. Its global market cap now stands at $2.2 billion, with a 24-hour trading volume surge of 71%. The token has recorded an impressive weekly gain of 149%, underlining its growing dominance in the market.
Also Read: Binance Futures Launches $VANA & $MOCA Perpetual Contract, Price Surges 17% & 142% Respectively
As the first AI token on Solana to surpass a $2.5 million market cap milestone, AI16Z is on the brink of entering the top 200 cryptocurrencies by market cap, currently ranked at 201st. Its alignment with the AI-powered token trend has driven its rapid ascent.
ZEREBRO recorded the most significant daily increase among the three, rising by 15% to trade at $0.6484. With a global market cap of $633.16 million and a 24-hour trading volume increase of 25%, the token has gained 82% over the past week. Zerebro’s rise reflects a combination of strong community engagement, AI integration, and Solana-based projects’ growing popularity.
Broader Implications for the Crypto Market
The launch of these perpetual contracts comes at a time when AI-powered and Solana-based tokens are gaining traction. The introduction of these contracts on Binance Futures provides traders with new opportunities to capitalize on these trends.
The move also aligns with Binance’s ongoing commitment to expanding its trading ecosystem and fostering innovation in the cryptocurrency market. By offering high-leverage perpetual contracts for trending tokens, Binance Futures ensures its platform remains competitive and appealing to both retail and institutional traders.
As the market reacts to this development, these tokens are expected to maintain their upward momentum, driven by growing adoption, innovative applications, and supportive trading infrastructure.
Also Read: Binance Futures Launches “NEXT WAVE” Campaign With Lamborghini Giveaway