Binance Wallet Launches Crude Oil ($CL) Perpetual Contracts With 0% Maker Fees

Key takeawaysBinance has launched Crude Oil perpetual contracts (CLUSDT) on its wallet trading platform.Traders can access 0% maker fees when trading the new perpetual contract.Trading activity earns 1.2x Aster Airdrop Points.Volume from CL trading will count toward the $10,000 ASTER trading competition.Binance Wallet Introduces Crude Oil Perpetual TradingBinance announced that Crude Oil perpetual contracts ($CL) are now available for trading on the Binance Wallet perpetuals platform.The contract, listed as CLUSDT, allows users to trade crude oil exposure through perpetual derivatives integrated into the Binance ecosystem.Trading Incentives for Early ParticipantsTo encourage participation, Binance introduced several incentives for traders using the new CL perpetual contract.Key benefits include:0% maker fee for CLUSDT perpetual trades1.2x multiplier for Aster airdrop pointsEligible trading volume counting toward the $10,000 ASTER CL trading competitionThese incentives aim to attract liquidity and trading activity to the newly launched product.Expansion of TradFi Assets on BinanceThe launch reflects Binance’s ongoing push to integrate traditional financial assets into crypto-native trading infrastructure.By offering commodities such as crude oil through perpetual contracts, the platform enables traders to access global markets through crypto-based derivatives, with features such as continuous trading and blockchain-integrated wallets.