Binance Lists KuaiShou and Meituan Perpetual Contracts, Along with Two 2x Long Korean Semiconductor ETF Contracts

Odaily News: According to the official announcement, Binance Futures launched four USDⓈ-M perpetual contract trading pairs on August 11, including KuaiShou (KUAISHOUUSDT), Meituan (MEITUANUSDT), CSOP SK Hynix Daily (2x) Leverage Product (CSOPSKHYNIX2LUSDT), and CSOP Samsung Electronics Daily (2x) Leverage Product (CSOPSAMSUNG2LUSDT). The KuaiShou and Meituan contracts support up to 20x leverage, while the two Korean semiconductor ETF products support up to 10x leverage. The funding rate cap is set at ±2%, with settlements occurring every 8 hours, and multi-asset mode is supported. CSOPSKHYNIX2LUSDT tracks the CSOP SK Hynix Daily (2x) Leverage Product listed on the Hong Kong Stock Exchange, with the code 7709; CSOPSAMSUNG2LUSDT tracks the CSOP Samsung Electronics Daily (2x) Leverage Product, with the code 7747. Binance reminds users that digital asset prices are highly volatile and that contract trading carries significant risk. Investors should bear the associated risks themselves.