Binance launches 'ALL Composite Index' perpetual futures… Up to 75x leverage supported

Global virtual asset (cryptocurrency) exchange Binance will launch the USDⓈ-M margin-based 'ALL Composite Index' perpetual futures contract.

On the 5th, Binance announced via its official channel that trading for the 'ALLUSDT' perpetual futures will start from 6:00 PM on the 6th (Korean Standard Time). This product supports up to 75x leverage and is available for 24-hour trading. 'ALL' is the symbol of the index and does not represent a separate token.

The ALL Composite Index tracks all USDⓈ-M perpetual contracts traded in USDT terms on the Binance Futures platform. However, some products such as the ETHBTC contract, USDC-based contracts, and COIN-M contracts are excluded. The index is calculated in real time by reflecting the weighted average of each component.

This index is regularly rebalanced every day at 6:00 AM (Korean Standard Time). If a new contract is listed before this time, it will be included in the index on the same day, and if it is listed after, it will be reflected the next day. Conversely, contracts scheduled for delisting are excluded from the ALL index 40 hours before delisting.

The composite index futures are settled for funding fees every 8 hours as in other perpetual futures. The maximum funding rate is set at ±3%. The minimum order size is 10 ALL, and the tick size is 0.001. Additionally, via Multi-Asset Mode, collateral can also be deposited in other assets such as Bitcoin (BTC).

Meanwhile, Binance plans to include this listing as part of a new listing fee promotion and offers support for copy trading.