Cryptocurrency exchange Binance is launching the OLUSDT perpetual futures contract, based on the Open Loot (OL) token, in an effort to expand its futures product offering and enhance user experience.
Binance Futures to Launch OLUSDT Perpetual Futures Contract on June 25
The new contract will be put into effect as of 14:30 on June 25, 2025.
What is Open Loot (OL)?
Open Loot is a distribution platform and marketplace for Web3 games. It provides support to game developers on user experience, payment infrastructure, distribution strategies, and more. OL token is the native asset of this platform and is currently listed as spot on Binance via Alpha Market.
Other Information
- The OLUSDT futures contract will also be available on the Futures Copy Trading platform within 24 hours.
- Binance reserves the right to change the technical specifications of this contract, such as leverage ratio, funding fee, and initial margin, depending on market conditions.
Binance’s move aims to provide new opportunities for futures traders, especially those interested in the Web3 gaming ecosystem.
*This is not investment advice.
