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Binance Futures Opens Predict.fun’s PREDICT Contract With Up to 5x Leverage

Binance Futures Opens Predict.fun’s PREDICT Contract With Up to 5x Leverage

Photo: TokenPost

Binance Futures began trading a perpetual contract tied to Predict.fun’s PREDICT token, giving traders leveraged, directional exposure to the token while its public launch remained incomplete. The product opened Sunday, Oct. 25, at 4:15 a.m. ET (08:15 UTC), with leverage of up to 5x. The PREDICTUSDT contract settles in USDT. No spot market for PREDICT existed when trading began, so the contract’s mark price comes from its own trades rather than a spot index. Predict.fun operates a prediction market on BNB Chain, where users take positions on future event outcomes; this contract is tied to the platform’s token.

Source: TokenPost

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