Binance Futures Unveils LDUSDT: New Reward-Bearing Margin Asset to Boost Capital Efficiency

• Users of the Binance Simple Earn USDT Flexible Product may transform their subscribed USDT Flexible assets into margin assets for futures trading using LDUSDT.
• After BFUSD, LDUSDT is Binance’s second reward-bearing non-stablecoin margin asset.

The forthcoming launch of LDUSDT was announced today by Binance, the world’s leading blockchain ecosystem that powers the biggest cryptocurrency exchange in terms of both trading volume and users. Users of the Binance Simple Earn USDT Flexible Product may transform their subscribed USDT Flexible assets into margin assets for futures trading using LDUSDT, a reward-bearing margin asset, while still taking advantage of Real-Time APR Rewards at the current rate.

After BFUSD, LDUSDT is Binance’s second reward-bearing non-stablecoin margin asset. It will provide users with additional options and functionality since they can now hold LDUSDT to receive Binance Earn rewards and use BFUSD to take advantage of passive rewards generated by Binance, such as funding fee income and staking rewards.

To change their subscribed USDT Flexible assets to LDUSDT at the relevant conversion rate, users who have subscribed their USDT to Binance Earn’s Simple Earn Flexible Products may go to the LDUSDT page and use the Swap feature. The user’s futures account balance will immediately get their LDUSDT.

After that, users may choose to utilize LDUSDT as a margin asset for USD⑈-M perpetual futures by turning on Multi-Asset Mode on the futures trading page. They will then begin to earn rewards on their LDUSDT margin assets at the same Real-Time APR rate, so increasing the value of their trading assets. In order to maintain flexibility and control over how they want to utilize their funds, users may swap their LDUSDT back to USDT Flexible assets at any moment using their USDⓈ-M wallet. Their USDT will then be put straight back into their Earn wallet.

Jeff Li, VP of Product at Binance commented:

“After the launch of our first reward-bearing margin asset BFUSD was positively received by users, we are pleased to introduce yet another product to bring more utility to our users. LDUSDT increases capital efficiency for users and lets users put their assets to work for them as both a reward-earning and liquid trading margin asset, all while retaining flexibility to redeploy their capital at any time. Our Futures and Earn products are among the most popular in the market, and LDUSDT is a useful way to help our users explore more opportunities on Binance.”

With more than 10 million active users, Binance Earn witnessed a 144% gain in Total Value Locked (TVL) in 2024, while Binance Futures had a 19.4% increase in average futures daily volume and a 106.2% increase in average futures daily transactions.

With over 450 trading pairs available, Binance Futures is the biggest cryptocurrency derivatives exchange by trading volume and consistently scores well on important measures like liquidity.

When LDUSDT is made available in April 2025, Binance will make an announcement.