rewrite this content using a minimum of 1000 words and keep HTML tags
Key Takeaways:
Binance’ve listed four new perpetual futures contracts all at once: AIXBT, FARTCOIN, KMNO, and CGPT.AI tokens, meme coins, and DeFi are hot areas, and Binance is giving users more trading options in these spaces.
Why It Matters?
Binance is making big moves to grow its offerings. Listing four futures coins at once is a bold step. It proves they’re focused on meeting what users want. They’re mixing fun meme coins with high-tech AI projects. This makes the crypto market both exciting and unpredictable.
But futures trading isn’t for everyone. The leverage is high, and so are the risks. One bad decision can lead to major losses. Be cautious!
A Closer Look at the Four Futures
Here’s what Binance has added:
AIXBTUSDT – Backed by AIXBT from Virtuals.FARTCOINUSDT – Linked to the quirky FARTCOIN.KMNOUSDT – Powered by KMNO from Kamino Finance.CGPTUSDT – Represents CGPT from ChainGPT.
Key Details:
Binance’s new contracts come with specifics traders should know:
TokenLaunch Time (UTC)LeverageFunding RateSettlementAIXBTUSDTDec 20, 2024, 18:30Up to 75x±2.00% (4h cycle)USDTFARTCOINUSDTDec 20, 2024, 18:45Up to 75x±2.00% (4h cycle)USDTKMNOUSDTDec 20, 2024, 19:00Up to 75x±2.00% (4h cycle)USDTCGPTUSDTDec 20, 2024, 19:15Up to 75x±2.00% (4h cycle)USDT
What’s Special: Funding and Trading Details
Funding Rates: All contracts have funding rates capped at ±2.00%, settled every 4 hours.
Adjustable Settings: Binance can change contract details anytime, like leverage, funding, or price steps. Adjustments depend on market conditions.
Multi-Assets Mode: Use BTC or other assets as collateral for flexibility in trades.
No Spot Guarantee: Futures listing doesn’t mean the token will also appear on Binance Spot. Always double-check.
Quick Look at the Tokens
1. AIXBT: The AI Crypto Tool
AIXBT uses AI to track and predict market trends. It analyzes posts on platforms like Twitter, Telegram, and forums to find what’s trending.
AIXBT
Why It Stands Out:
Real-time insights from AI tools.Exclusive access to premium analysis features.Rewards for community engagement.
Fast Facts:
Over 156,000 followers on X.Reached a $200M market cap in 50 days.Traded on Uniswap, KuCoin, and more.
2. FARTCOIN: Fun and Memes in Crypto
FARTCOIN isn’t just a token—it’s a joke that went viral. Built for entertainment, it thrives on its humorous and quirky appeal.
FARTCOIN
What Makes It Unique?Every transaction makes a “fart” sound. Yes, you read that right.
Why It’s a Hit:
Hype: Meme coins are all about buzz, and FARTCOIN nailed it.Community Vibes: Users share memes and jokes, keeping the fun alive.Speculation: Investors love the thrill of high-risk, high-reward plays.
Heads-Up:Meme coins are risky. Gains can be big, but losses can hit hard. Invest cautiously.
3. KMNO: DeFi Made Easy on Solana
KMNO powers Kamino Finance, a DeFi platform designed for better liquidity and lending. Built on Solana, it’s fast, cheap, and user-friendly.
Kamino Finance (KMNO)
What You Can Do:
Provide liquidity to pools.Borrow funds using crypto as collateral.Use up to 10x leverage for bigger returns.
Why Kamino Shines:
Targeted Liquidity: Focuses on specific price ranges for optimized returns.Flexible Loans: Offers options for under-collateralized borrowing.Fast Transactions: Solana ensures quick and low-cost trades.
More Info:KMNO is also a governance token. Holders can vote on decisions for Kamino’s development.
More News: Decentralized Finance (DeFi): How Technology is Reshaping Finance?
4. CGPT: Bringing AI to Web3
CGPT is the backbone of ChainGPT. It combines blockchain with AI tools for smart contract audits, NFT creation, and much more.
ChainGPT (CGPT)
Key Features:
AI Chatbot: Handles blockchain questions and tasks.Staking and Farming: Earn passive income by holding tokens.DAO Governance: Use tokens to vote on proposals and influence the platform.
Why Developers Love It:
Includes APIs and SDKs for easy integration into apps.Works on Binance Smart Chain and Ethereum.
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this
Source link
