Binance adds AbbVie, Indonesia ETF to 20x leveraged futures

Binance has added four perpetual futures contracts tied to traditional financial assets, giving eligible traders round-the-clock exposure to an Indonesia-focused ETF and shares of EQT, STMicroelectronics and AbbVie with leverage of up to 20 times. Summary Binance listed four TradFi perpetual contracts covering an Indonesia ETF and three individual stocks. Each contract supports continuous trading, USDT settlement and maximum leverage of 20x. Funding payments occur every eight hours, with rates capped at plus or minus 2%. Industry data shows growing demand for derivatives tied to traditional financial assets. According to its October 26 official announcement, Binance Futures introduced the USDT-margined contracts between 09:00 and 09:15 UTC, listing EIDOUSDT, EQTUSDT, STMUSDT and ABBVUSDT at five-minute intervals. The additions allow traders to speculate on price movements across four established securities without purchasing the underlying shares. Each contract settles in Tether’s USDT stablecoin and remains available outside conventional stock exchange hours. Binance expands stock perpetuals across four markets The first contract, EIDOUSDT, references the iShares MSCI Indonesia ET...