Binance Launches FORTHUSDT Perpetual Contract with Up to 20x Leverage

Binance has launched a new USDⓈ-Margined perpetual contract for Ampleforth’s governance token, FORTH, on its Futures platform.

Trading for the FORTHUSDT pair began on April 8 at 08:30 UTC, with users accessing leverage of up to 20x.

The new contract forms part of Binance’s efforts to expand its Futures offerings and enhance user trading experience. It will also be available for Futures Copy Trading within 24 hours of launch.

FORTH, the underlying asset, enables holders to vote on proposed changes to the Ampleforth protocol or delegate voting power to representatives. The contract is settled in USDT and supports Binance’s Multi-Assets Mode, allowing traders to use other assets like BTC as collateral.

According to Binance, the funding fee for the contract is settled every four hours, with a capped rate of +2.00% / -2.00%. Other technical specifications include a tick size of 0.001 and 24/7 trading availability.

The exchange noted that margin requirements, leverage limits, and funding rates may be adjusted in response to market conditions. Users are advised to consult the trading rules and risk disclosures provided on Binance’s platform.

The company added that the introduction of the FORTHUSDT contract does not imply a listing of the FORTH token on Binance’s spot market. This launch follows Binance’s broader strategy to expand its derivatives suite and cater to growing demand from retail and institutional traders seeking diverse exposure in the crypto market.

Notably, Binance has partnered with Worldpay to enable crypto purchases via Apple Pay and Google Pay, expanding its fiat gateway. Announced on April 7, the integration lets users buy digital assets using familiar mobile wallets, aiming to simplify access to Web3. Binance called it a strategic move to lower entry barriers and reach users globally, especially in regions with limited banking but high smartphone adoption. The update reflects Binance’s broader push toward mainstream crypto adoption using trusted digital tools.

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