Binance Futures to Launch XPLUSDT Perpetual Contract with 5x Leverage

According to the announcement from Binance, the platform is set to introduce the XPLUSDT perpetual contract on Binance Futures, with pre-market trading scheduled to commence on 2025-08-22 at 09:30 (UTC). This new offering will allow traders to engage with up to 5x leverage, enhancing the range of trading options available. The underlying asset for this contract is Plasma (XPL), a Layer 1 EVM-compatible blockchain designed for high-volume, low-cost global stablecoin payments. The total supply of XPL is 10 billion, with no maximum supply cap source: https://www.binance.com/en/square/post/28651646252826?utm_source=BinanceNewsRSS