Binance Will Launch ETH Perpetual Contract Settled in USD1

CoinFeed reported on July 2 that Binance Futures will launch the USDⓈ-U margined ETHUSD1 perpetual contract on July 3 at 17:00 (UTC+8), with a maximum leverage of 100x. The contract uses ETH as the underlying asset and World Liberty Financial USD (USD1) as the settlement asset.