Binance Futures Launches Three TradFi Perpetual Contracts
According to the official Binance announcement, Binance Futures newly listed three USD-margined TradFi perpetual contracts on July 16, as follows:
• MUUUSDT: Corresponds to Direxion Daily MU Bull 2X ETF, tracks 200% daily price change of Micron Technology (MU)
• SOXSUSDT: Corresponds to Direxion Daily Semiconductor Bear 3X ETF, tracks 300% inverse daily price change of NYSE Semiconductor Index
• TZAUSDT: Corresponds to Direxion Daily Small Cap Bear 3X ETF, tracks 300% inverse daily price change of Russell 2000 Index
All three contracts are settled in USDT, with maximum leverage of 25x, funding rate cap of ±2%, settled every eight hours, and support 24/7 trading.