Binance Launches SAHARA/USDT Perpetual Contract with 75x Leverage

币界网报道:Binance has introduced a new USDT-margined perpetual contract for Sahara (SDAO) with up to 75x leverage, allowing traders to speculate on the token's price movements. The contract, which went live on Binance Futures, offers trading pairs in SDAO/USDT and is available for users to trade 24/7. Binance emphasized that the high-leverage product is designed for experienced traders due to the increased risk of liquidation. The exchange also noted that it may adjust leverage and margin requirements based on market conditions. Sahara, a decentralized autonomous organization (DAO), focuses on data privacy and AI development, positioning itself at the intersection of Web3 and artificial intelligence. The listing follows Binance's recent expansion of its derivatives offerings, including similar high-leverage contracts for other altcoins. Traders are advised to exercise caution when using high leverage, as it can amplify both gains and losses. Binance continues to dominate the crypto derivatives market, with futures trading volume exceeding $1.5 trillion in the past month.

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