Binance Futures Launches LOKA Perpetual Contract to Enhance Trading Experience
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Launch of LOKA Perpetual Contract: Binance Futures has introduced the LOKA perpetual contract, allowing users to trade with up to 75x leverage and a maximum funding rate of +2.00% / -2.00%, enhancing trading options for cryptocurrency enthusiasts.
Impact on LOKA Price: The announcement led to a significant surge in the price of LOKA, associated with League of Kingdoms Arena, which increased over 20% shortly after the news, although it later retraced slightly while trading volume rose by over 135%.
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.
