Binance Futures Launches MERLUSDT Perpetual Contract With Up to 50x Leverage

Binance Futures to Launch MERLUSDT Perpetual Contract With 50x Leverage on May 29Binance Futures continues expanding its derivatives offerings with the launch of the MERLUSDT perpetual contract, allowing users to trade Merlin Chain’s native token (MERL) against USDT with up to 50x leverage.Launch Date:May 29, 2025, at 08:30 UTCTrading Pair: MERLUSDT (USDⓈ-Margined Perpetual Contract)Key Contract Details:FeatureDetailsUnderlying AssetMERL (Merlin Chain)Settlement AssetUSDTLeverageUp to 50xFunding Rate Cap±2.00%Funding IntervalEvery 4 hoursTick Size0.00001Trading Hours24/7Multi-Assets ModeSupportedContract Address0xa0c56a8... Futures Copy Trading:MERLUSDT will also be available for Futures Copy Trading within 24 hours of its launch.What Is Merlin Chain (MERL)?Merlin Chain is a Layer 2 scaling solution designed for the Bitcoin ecosystem. It integrates ZK-Rollup networks, decentralized oracles, and fraud-proof mechanisms to enhance security, scalability, and interoperability for Bitcoin-based applications. The project aims to extend Bitcoin’s use cases beyond store-of-value, tapping into DeFi and Web3 utility.Additional NotesThe Multi-Assets Mode allows users to trade MERLUSDT using different margin assets like BTC.Trading this contract is independent of spot listing status.Binance may adjust parameters such as funding fees or leverage based on market conditions.MERL is already listed on Binance Alpha Market.