- Binance Futures has launched the VINEUSDT and PIPPINUSDT contracts.
- Traders can leverage up to 25x and use risk management measures.
Binance Futures has announced two new interesting perpetual contracts: VINEUSDT and PIPPINUSDT. Both contracts were launched on January 24, 2025. These contracts aim to provide the trader with maximum exposure to newly emerging memecoins with unique applications. VINEUSDT is based on Vine Coin, a Solana-based memecoin created by Rus, co-founder of Vine, whereas PIPPINUSDT focuses on the AI-driven PIPPIN token. These new contracts will provide more flexibility and opportunities to traders in this rapidly growing world of memecoins and blockchain-based assets.
These two contracts are set to be launched at 10:00 UTC for VINEUSDT and 10:15 UTC for PIPPINUSDT. Both offer leverage up to 25x, therefore these contracts will be perfect deals for professional traders who want to amplify their positions. The use of USDT as the settlement asset takes care of the trader’s need to manage his or her position in a stablecoin in a very volatile market.
Openings for Traders
Both VINEUSDT and PIPPINUSDT will have a tick size of 0.00001. The contracts will also have a capped funding rate of +2.00% / -2.00%, which will control funding cost imbalances. Funding fees will be settled every four hours, always modifying market conditions. Binance Futures also supports Multi-Asset Mode, allowing users to manage numerous asset types through the same account.
Traders can leverage a maximum of 25x for Vine Coin and PIPPIN token exposure. Binance Futures, however, has cautioned its users to practice careful risk management since high leverage amplifies gains and losses equally. As usual, Binance encourages responsible trading practices to assist users in better navigating the markets.
This is a continuation of Binance’s efforts to see that there is a wide variety of crypto trading options. It is, however important to note that listing on Binance Futures doesn’t guarantee a spot on Binance’s spot market.
As with all futures contracts, Binance also cautions that market risk conditions could affect changes in contract specifications over time. Such examples may include funding fees, tick size, and maximum leverage. Binance recommends that users stay abreast of such changes as they are intended to promote a fair and secure trading environment.
Binance Futures is opening up for the first time new trading opportunities in two of the most popular memecoins in the Solana ecosystem, VINEUSDT and PIPPINUSDT, and their launch.
