- Binance launches new perpetual contracts to expand offerings.
- Richard Teng leads Binance through this financial shift.
- Market impact is significant for the cryptocurrency space.
Binance Futures is set to launch ZRC/USDT and ESPORTS/USDT perpetual contracts on July 29, 2025, offering up to 50x leverage. These contracts aim to increase derivatives trading volume, with ZRC associated with Layer 2 infrastructure.
Binance, under CEO Richard Teng, is adding new trading pairs to its Futures platform to enhance its product offerings. Binance launches ZRC/USDT and ESPORTS/USDT perpetual contracts, both trading against USDT and offer up to 50x leverage for traders.
Being active in the cryptocurrency derivatives market, Binance is known for frequent product launches. This move provides traders with opportunities to leverage new types of assets like ZRC and ESPORTS, influencing digital finance.
“To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the following perpetual contract(s) as below: 2025-07-29 09:45 (UTC): ZRCUSDT Perpetual Contract with up to 50x leverage 2025-07-29 10:00 (UTC): ESPORTSUSDT Perpetual Contract with up to 50x leverage.” — Binance.com, Official Announcement
These contract launches may lead to liquidity changes in the crypto market, affecting traders. Historically, new listings by Binance can increase trading activity and introduce more volatility.
In this specific context, financial markets could witness shifts in trading volume as traders adapt to the latest offerings. Compliance and regional availability reflect Binance’s adjustments in regulatory approaches without official commentary from agencies thus far.
Future impacts could include enhanced liquidity for ZRC and ESPORTS depending on trading activity. Monitoring these impacts will offer more insights into how these contracts affect Binance’s broader market strategies.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
Bitcoin Traders Cheer April Gains, but One Fed Date Could Reverse the Rally
Bitcoin’s strong April rally has traders excited, but one upcoming Fed calendar date could quickly change sentiment. Here’s the setup, risk, and what to watch next.
Malta Opposes ESMA Push for EU Crypto Oversight
Malta opposes a push to centralize oversight of major crypto firms under ESMA, saying MiCA is still too new and extra layers could hurt EU competitiveness.
Reuters: UAE Crypto Firms Show Resilience in Conflict
Reuters reports that UAE crypto companies are showing resilience despite pressure from the US-Israel and Iran conflict backdrop, signaling a key regional test.
Binance HODLer Airdrop Launches Fabric Protocol (ROBO)
Binance named Fabric Protocol (ROBO) its 62nd HODLer Airdrops project, with 100 million ROBO allocated and eligible BNB holders drawn from March 4-6 snapshots.
Important Crypto News from Last Night and This Morning (March 17-18)
A focused roundup of the most important crypto news from late March 17 through the morning of March 18, covering market-moving developments, Bitcoin updates, and key industry reactions.
Last 24 Hours News Roundup: Trump Reportedly Open to Ending Iran War
A last 24 hours news roundup led by reports that Trump told aides he is willing to end the Iran war, with focus on what is known and what remains unclear.
