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crypto.news 2025-04-09 13:21:52

Binance launches LDUSDT to combine futures trading with earn rewards

Binance has announced LDUSDT, a new ‘reward-bearing margin asset’ designed to give users more flexibility in how they use capital across its Earn and Futures platforms. LDUSDT is the second such asset, following BFUSD , and is aimed at increasing users’ capital efficiency. It allows holders to participate in perpetual futures trading on Binance Futures while maintaining their reward-earning status from the Earn program. LDUSDT will allow users subscribed to Simple Earn’s USDT Flexible Products to convert their assets into a futures trading margin, while continuing to receive real-time APR rewards. Users can convert subscribed USDT to LDUSDT through a swap function and begin using it as margin in Multi-Asset Mode. Once swapped, LDUSDT is automatically transferred to the user’s futures account. Users can trade with it on USDⓈ-M perpetual contracts and continue accruing APR rewards, essentially allowing the same funds to work in two ways. They can also convert LDUSDT back to USDT ( USDT ) at any time through the same interface. The asset is set to go live later in April 2025. You might also like: Arbitrum price prediction in April 2025 – ARB worth a buy at all-time low prices? Binance’s growth According to a press release shared with crypto.news, in 2024, Binance Earn saw 144% growth in TVL, while Binance Futures posted a 106.2% rise in daily transactions. In discussing the benefits of the new financial tool, Jeff Li, VP of Product at Binance , highlighted its impact on capital efficiency. “LDUSDT increases capital efficiency for users,” said Li. “It lets users put their assets to work as both a reward-earning and liquid trading margin asset.” The exchange leads global crypto derivatives markets by volume and liquidity, with over 450 trading pairs. You might also like: EXCLUSIVE: GOSH teams with NetIX to boost Acki Nacki blockchain speed and scale

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