Binance Futures has announced the launch of new features for its yield-bearing asset, BFUSD, aimed at enhancing the user experience. These updates will be available starting January 22, 2025.
The specialized trading platform stated that users can now purchase BFUSD using USDC in addition to USDT. Also, BFUSD holders can choose to redeem their assets for either USDT or USDC, though these transactions may incur fees.
The platform also introduced pre-purchase and pre-redemption options such that users can reserve assets if BFUSD, USDT, or USDC are in short supply. Once the supply is replenished, the reserved assets will be credited to users’ accounts.
In addition to these updates, Binance Futures stated that from January 23, 2025, daily rewards for BFUSD holders will be distributed in USDC, regardless of the currency used for the initial purchase.
Meanwhile, the platform has added new data indicators, including historical charts for protocol yield, tracking total annual percentage yield (APY) from derivatives and financial management. Users can also view BFUSD’s total supply trends, system collateral, and a summary of its notional holdings. It claimed the move was to improve transparency for the management of the yield asset.
Also Read: Binance Co-Founder Changpeng Zhao Issues New Warning About Scammers Using Fake Accounts
Binance Futures adds updates to margin tiers and leverage settings
In another development, Binance Futures has announced updates to margin tiers and leverage settings for several perpetual contracts, including TRUMPUSDT, LITUSDT, DOGSUSDT, and NEIROETHUSDT. These changes are set to take effect on January 22, 2025, at 16:00 ET.
Initially launched on January 18, 2025, the TRUMP Official Trump perpetual contract offered a maximum leverage of 25x. However, with the upcoming adjustments, Binance has increased the maximum leverage to 50x, doubling the previous rate. Alongside this, the margin rate has been reduced from 2.00% to 1.00%, and all other margin rates have been cut by at least 50% or more.
The platform assured users that their current positions will remain unaffected by these changes. These adjustments are anticipated to enhance liquidity, giving traders better control over their positions and improving the overall experience in the rapidly growing crypto futures market.
Binance changes how BFUSD is being managed
Binance subsequently changed how BFUSD was distributed and managed. By August 2025, Binance had moved BFUSD subscriptions to Binance Simple Earn, while BFUSD itself remained an exchange-native asset rather than a freely transferable stablecoin. CoinDesk describes it as a Binance-only reward-bearing asset redeemable within the platform for a USD-denominated stablecoin.
Binance also announced in August 2025 that users would no longer be able to subscribe to or redeem BFUSD through Binance Futures from August 14, 2025, as the product transitioned.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
