Binance Announces Launch of 1000000BOBUSDT Perpetual Contract
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 04 2025Launch of 1000000BOBUSDT Contract: Binance is set to launch a high-leverage perpetual contract, 1000000BOBUSDT, on June 5, 2025, at 8:30 UTC, offering up to 50x leverage and enabling copy trading within 24 hours, which may increase trading activity in the BNB ecosystem.
Market Impact and Volatility: The launch is expected to cause significant volatility and shifts in trading volume for BOB, with historical trends indicating potential price surges; as of June 4, 2025, BOB's market cap reached $49.28 million, reflecting a 527.23% increase over the week.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
