On August 15, 2025, Binance Futures dropped a bombshell for crypto traders: the launch of the USDⓈ-margined USELESSUSDT perpetual contract, offering up to 50x leverage. This move has sparked a flurry of excitement, with the price of the USELESS token surging 6% post-announcement. But what exactly is this new contract, and why is it making waves? Far from being just another trading pair, the USELESSUSDT contract is a bold addition to Binance’s ever-growing derivatives platform, designed to give traders more flexibility and firepower in navigating the wild crypto markets. Let’s break it down, dispel some myths, and explore what this means for traders and the broader crypto ecosystem.
What Is the USELESSUSDT Perpetual Contract?
At its core, the USELESSUSDT perpetual contract is a futures trading instrument on Binance Futures, launched at 12:15 UTC on August 15, 2025. Unlike traditional futures with an expiration date, perpetual contracts let traders hold positions indefinitely, making them a favorite for those looking to ride market trends or hedge their portfolios. The contract is USDⓈ-margined, meaning it’s settled in USDT (Tether), a stablecoin pegged to the U.S. dollar, which provides a stable reference point for profits and losses. With up to 50x leverage, traders can amplify their positions, controlling larger trades with less capital—though that comes with higher risks, too.
The underlying asset, USELESS, is a token that’s been gaining traction in niche crypto circles. While its playful name might raise eyebrows, the token has carved out a community-driven niche, often tied to meme-based projects. Binance’s decision to list a perpetual contract for it signals confidence in its market potential, even if it’s not a household name like Bitcoin or Ethereum. Importantly, this contract has no connection to Bitcoin tax exemptions or the GENIUS Act’s stablecoin focus—it’s a distinct offering for speculative traders.
Why Binance Is Betting on USELESS
Binance Futures isn’t just tossing darts at a board when picking new contracts. The platform’s goal is to expand trading options and keep users engaged in a hyper-competitive market. The USELESSUSDT contract fits this strategy perfectly, tapping into the growing popularity of altcoins with strong community backing. Post-announcement, USELESS’s price jumped 6%, showing that traders are already piling in, drawn by the prospect of high-leverage opportunities.
This isn’t Binance’s first rodeo with quirky tokens. Recent launches like the SOONUSDT contract on May 23, 2025, and the MUSDT contract on July 7, 2025, show a pattern of embracing emerging projects to diversify their offerings. The USELESSUSDT contract, with its 0.00001 tick size and ±2.00% capped funding rate (settled every four hours), is built for active traders who thrive on volatility. Plus, Binance’s Multi-Assets Mode lets users trade it with assets like BTC as margin, adding even more flexibility.
How It Fits Into the Crypto Trading Landscape
The crypto derivatives market is a beast, with Binance Futures leading the pack. Perpetual contracts like USELESSUSDT are a cornerstone of this space, offering traders a way to bet on price movements without owning the underlying asset. The 50x leverage is a double-edged sword: it can magnify gains but also wipe out accounts if the market turns. Binance’s own risk warnings underscore this, urging traders to use stop-loss orders and understand the volatility of futures trading.
What makes this launch stand out is its timing. The crypto market in August 2025 is buzzing, with Bitcoin hovering around $117,000 and altcoins like USELESS catching speculative fever. The GENIUS Act, signed in July 2025, has also fueled optimism by regulating stablecoins, indirectly boosting confidence in USDT-based contracts like this one. While the Act focuses on dollar-pegged assets and not Bitcoin or altcoins like USELESS, it’s created a more stable regulatory backdrop that benefits platforms like Binance.
Empowering Traders with Flexibility
The USELESSUSDT contract is all about giving traders options. Want to go long on a meme token’s hype? Short it when the buzz fades? The perpetual contract lets you do either, without the hassle of expiration dates. The 50x leverage means a $1,000 position can control $50,000 worth of USELESS, amplifying potential returns (or losses). The contract’s 24/7 trading hours and support for Futures Copy Trading—available within 24 hours of launch—make it accessible to both seasoned pros and newcomers following top traders’ moves.
Binance’s Multi-Assets Mode is a game-changer here. Traders can use assets like Bitcoin or Ethereum as collateral, not just USDT, which opens the door to creative portfolio management. For example, you could hold BTC, use it as margin, and still speculate on USELESS’s price swings. This flexibility is why Binance Futures remains a go-to for traders looking to diversify beyond spot markets.
The Risks: Not for the Faint of Heart
Let’s be real—futures trading isn’t a walk in the park. Binance’s own disclaimer warns of “high market risk and price volatility,” and the USELESSUSDT contract is no exception. With 50x leverage, a 2% price move against you could liquidate your position, leaving you with nothing but a lesson in risk management. The ±2.00% funding rate, adjusted every four hours, also means traders on the wrong side of the market could face ongoing costs to hold positions.
Then there’s the USELESS token itself. Meme-driven projects can be wildly unpredictable, driven more by community hype than fundamentals. While the 6% price surge post-announcement shows momentum, historical data on altcoin contracts suggests volatility can cut both ways. Binance may tweak leverage or margin requirements if market conditions get dicey, so traders need to stay sharp and monitor updates.
Market Impact and Community Buzz
The launch has already moved the needle. The 6% price spike in USELESS reflects the market’s enthusiasm, a pattern seen with other Binance Futures listings like GRASSUSDT and DRIFTUSDT in November 2024. On X, traders like @TXMCtrades have noted the speculative frenzy around new contracts, though some caution that hype doesn’t always translate to sustained gains. Binance’s own posts on X, like their August 15 announcement about new trading pairs, show they’re leaning hard into expanding futures offerings to keep users hooked.
This move also cements Binance’s role as a derivatives powerhouse. By listing USELESSUSDT alongside other recent contracts like YALAUSDT and CARVUSDT, they’re catering to traders chasing the next big thing. The lack of correlation between futures and spot listings means USELESS may not hit Binance’s spot market anytime soon, but the futures contract alone is enough to drive liquidity and attention.
Navigating the Regulatory Maze
The GENIUS Act, while unrelated to USELESS or Bitcoin, has created a clearer regulatory environment for stablecoins like USDT, which underpins this contract. By requiring stablecoin issuers to hold full reserves and comply with AML rules, the Act indirectly supports the stability of USDⓈ-margined contracts. However, traders in regions like the EEA face restrictions on unauthorized stablecoins due to MiCA regulations, so it’s worth checking local rules before diving in.
Globally, the lack of unified crypto regulations could pose challenges. The World Economic Forum has flagged regulatory arbitrage as a risk, where traders exploit gaps between jurisdictions. Binance’s warnings about consulting local advisers reflect this reality. For now, the USELESSUSDT contract operates under Binance’s Terms of Use and Futures Service Agreement, giving traders a structured but high-risk playground.
What’s on the Horizon for Traders?
The USELESSUSDT launch is a microcosm of Binance’s broader strategy: keep pushing boundaries while managing risks. With copy trading support, traders can mimic top performers, lowering the barrier for newbies. The contract’s specs—0.00001 tick size, 50x leverage, and four-hour funding settlements—are designed for active trading, but Binance could adjust these based on market conditions, so staying updated is key.
Looking ahead, expect more altcoin contracts as Binance capitalizes on 2025’s crypto boom. The success of USELESSUSDT will depend on trader adoption and the token’s ability to sustain its post-launch hype. If past listings are any guide, volatility is guaranteed, but so is opportunity for those who play it smart.
A New Chapter in Crypto Trading
The USELESSUSDT perpetual contract is more than a quirky addition to Binance Futures—it’s a testament to the platform’s knack for spotting trends and giving traders what they want: flexibility, leverage, and a shot at big returns. While it’s not tied to Bitcoin or the GENIUS Act’s stablecoin focus, it’s riding the wave of a maturing crypto market. Whether you’re a seasoned trader or a curious newcomer, this contract offers a chance to dive into the action—just don’t forget the risks. As Binance keeps expanding its futures lineup, the USELESSUSDT contract is a bold bet on the future of trading. Ready to jump in? Just make sure you’ve got a stop-loss set.
Sources
- Binance Futures Lists USELESSUSDT Perpetual Contract – coinlive.me
- Binance Futures Will Launch USDⓈ-Margined SOONUSDT Perpetual Contract – www.binance.com[](https://www.binance.com/en/support/announcement/detail/282da00874f841d39a90929a50e883f4) (http://www.binance.com[](https://www.binance.com/en/support/announcement/detail/282da00874f841d39a90929a50e883f4))
- Binance Futures Will Launch USDⓈ-Margined MUSDT Perpetual Contract – www.binance.com[](https://www.binance.com/en/support/announcement/detail/39daafed88564fe08d932f470e00a810) (http://www.binance.com[](https://www.binance.com/en/support/announcement/detail/39daafed88564fe08d932f470e00a810))
- USDⓈ-Margined Futures Contract Specifications – Binance – www.binance.com[](https://www.binance.com/en/support/faq/detail/360033161972) (http://www.binance.com[](https://www.binance.com/en/support/faq/detail/360033161972))
- Posted by: @TXMCtrades, Date and time unavailable
