Binance to Launch Perpetual Contracts for Three US Stock Leveraged ETFs: MVLL, TQQQ, and SQQQ on June 29

CoinFeed, June 23 - According to a Binance announcement, Binance Futures will launch three USD-margined TradFi perpetual contracts—MVLLUSDT, TQQQUSDT, and SQQQUSDT—on June 29, tracking GraniteShares 2x Long MRVL Daily ETF (MVLL), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ), respectively. All three contracts are settled in USDT, offer up to 20x leverage, support 24/7 trading, have an 8-hour funding rate settlement cycle with a ±2% cap, and support multi-asset mode.