Binance Futures to Launch CUSDT and VELVETUSDT Perpetual Contracts

On July 15, according to Binance’s announcement, Binance Futures will launch USDⓈ-M CUSDT and VELVETUSDT perpetual contracts on July 15, 2025, supporting up to 50x leverage. CUSDT contracts will be launched at 09:00 (UTC), and VELVETUSDT contracts will be launched at 09:15 (UTC). Both support 24-hour trading and multi-asset mode, with USDT as the settlement asset, and the funding rate capped at ±2%, with settlement every four hours. [PANews]