Binance Futures offers perpetual contracts Vineusdt and Pippinusdt

• Binance Futures launches Vineusdt and Pippinusdt perpetual contracts on January 24, 2025.
• Vineusdt is based on the Vine coin, while Pippinusdt focuses on the Memecoin Pippin.

Binance Futures announced the launch of two new perpetual contracts: Vineusdt and Pippinusdt. Contracts will be available from January 24, 2025, with Vineusdt launching at 10:00 (UTC) and Pippinusdt release At 10:15 (UTC). Both contracts will allow traders to leverage 25x, offering increased flexibility for experienced traders.

The perpetual contract in Vineusdt will be based on the Karma coin (vine), a Solana-based memecoin introduced by Vine’s founder, Ross. This new asset adds another option to Binance’s growing list of trading pairs in the Memecoin sector. Likewise, the Pippinusdt contract is based on the Pippin Token, a Solana Memecoin focused on AI applications.

Vineusdt and Pippinusdt Overview

Traders can use USDT as the settlement asset for both contracts, allowing easy access to these new pairs with stablecoin. The tick size for both contracts is set to 0.00001, which ensures high accuracy in trade execution. Additionally, Binance Futures has set a capped funding rate of +2.00%/-2.00%, which will be applied to both contracts at launch.

The funding fees for these perpetual contracts will be settled every four hours, maintaining a steady flow of funding adjustments throughout the day. With trading available 24/7, users can manage their positions at any time. Multi-asset mode is also supported, providing flexibility in trading different asset types on futures contracts.

Binance Futures emphasized the importance of risk management with a maximum leverage of 25x. This leverage allows traders to amplify their positions but also requires careful attention to market movements.

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