PANews reported on July 15 that according to Binance’s announcement, Binance Futures will launch USDⓈ-M CUSDT and VELVETUSDT perpetual contracts on July 15, 2025 , supporting up to 50x leverage. CUSDT contracts will be launched at 09:00 ( UTC), and VELVETUSDT contracts will be launched at 09:15 ( UTC ). Both support 24- hour trading and multi-asset mode, with USDT as the settlement asset , and the funding rate capped at ±2% , with settlement every four hours.