Binance contracts will launch TMF, TBT, and BITO perpetual contracts on July 27th
The Binance contract will launch three TradFi U-based perpetual contracts, TMFUSDT (21:30), TBTUSDT (21:35), and BITOUSDT (21:40), on July 27th, all settled in USDT and supporting up to 25 times leverage. TMF corresponds to Direxion Daily's 3-fold long ETF for bonds over 20 years, TBT corresponds to ProShares' 2-fold short ETF for bonds over 20 years, and BITO corresponds to ProShares' Bitcoin ETF.