Binance, the world’s largest cryptocurrency exchange by volume, has announced the launch of a new composite index futures contract aimed at streamlining exposure to a broad range of USDT-quoted perpetuals.
The new USD-M “ALL” Composite Index perpetual contract (ALLUSDT) will go live at 9 a.m. UTC on August 6, with leverage of up to 75x and funding intervals every eight hours.
According to an official announcement published on August 5, the ALLUSDT contract is designed to track all USDT-quoted perpetual futures listed on Binance Futures. It excludes ETHBTC, USDC-quoted contracts, non-USDT margined products, delivery-based contracts, pre-market trading pairs, and other composite indices.
This effectively gives traders a simplified way to access a broad slice of Binance’s USDT perpetual markets in a single instrument.
The index behind the ALLUSDT contract will be rebalanced daily at 08:00 UTC. Binance said newly listed perpetuals will be added during the next rebalance window, while delisted pairs will be removed 40 hours in advance of the following rebalance.
The contract will be settled in USDT and will support Binance’s Multi-Assets Mode for flexible margining. Binance also noted that the parameters of the contract may change depending on evolving market conditions.
The new product provides exposure to a real-time, weighted average of all the eligible underlying perpetual futures. Perpetual contracts, or “perps,” are a type of futures instrument that does not expire. Perpetual contracts don’t have an expiry date like regular futures. Instead, they use funding payments between buyers and sellers to keep prices in line with the index.
This new all-in-one contract can really help quant and algo traders who usually handle a lot of different futures at once. Rather than managing dozens of positions, they can now get exposure to the full USDT-quoted market through a single trade. And since the index updates on its own when Binance adds or removes pairs, there’s no need to constantly rebalance things manually.
The timing of this launch isn’t random. Binance has seen a strong comeback in its derivatives segment. In July alone, Binance Futures hit $2.55 trillion in trading volume, the highest level in seven months, according to CryptoQuant. It shows growing demand for more advanced, flexible trading products in the crypto market.
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